MSC Sets to Take Maersk’s Crown as World’s No.1 Container Line!

The gap between MSC and Maersk is narrowing.

Mediterranean Shipping Co. (MSC) has been hoovering up second-hand tonnage in a massive way over the past year, adding over the equivalent of the entire fleet of Taiwan carrier, Wan Hai Lines, and Israel carrier, Zim. 

Besides, according to Alphaliner, MSC has bought another 4 ships recently, the 2,572 TEU Cosmos for $33 million, the 1,794 TEU Jennifer Schepers for $21 million, the 1,740 TEU Okee Ann Mari for $20 million and the 3,739 TEU Xin Feng Yansijiang for $30 million.

Click to explore more about World’s Top 9 Carriers in 2021!

Presently, Maersk is 2.7% larger than MSC, while with the known order books of ~902 thousand TEU MSC will overtake Maersk as the top container line.

 “Despite the fast rise in asset values, it is probable that MSC will keep buying tonnage in the next months to address the ongoing shortage of container vessels in the charter market and beat pricey rates and long periods that NOOs demand to fix their ships,” Alphaliner stated in its weekly report.

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