THE Mediterranean Shipping Co (MSC), now run by former Maersk COO Soren Toft, is now set to overtake its 2M partner, Maersk, as the world's biggest container shipping company, according to Alphaliner data.
Maersk is pursuing a strategy focused on profitability according to Copenhagen-based Sea-Intelligence.
"But 'losing' the No 1 ranking spot, which the carrier has had for a quarter of a century, would still likely have some emotional impact in Copenhagen," the observed Sea-Intelligence analysts.
MSC has been massively buying secondhand tonnage in the last six months. Combined with new orders for 24,000-TEU ships, MSC is now set to surpass Maersk, reports Singapore's Splash 247.
Italian Swiss Geneva-based MSC became the world's second largest carrier in 2004, and since then, it and Maersk have continued to top the global league tables.
According to Clarksons, MSC has moved to acquire the 2004-built 1,850-TEU Acacia Makoto from China's Qingdao Pengteng for US$6.95 million, the 2009-built 1,730-TEU Voronezh from Fesco for $9 million, and the 2006-built 1,732-TEU RHL Aurora from Hamburger Lloyd for $6.5 million. VesselsValue places a market value of $6.4 million, $9.46 million and $7.44 million on the three ships.
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