At least two crew members from an MSC containership have been charged after an estimated $1bn worth of cocaine was found on the vessel in Philadelphia port.

The world’s second and third largest container lines MSC and CMA CGM are joining the blockchain digital shipping platform TradeLens developed by the biggest box line AP Moller – Maersk and IBM.

Singapore sovereign wealth fund GIC has taken a 10% stake Terminal Investment Ltd (TIL) the port operating arm of Mediterranean Shipping Company (MSC).

Shanghai Zhenhua Heavy Industries (ZPMC), China’s largest port equipment manufacturer, bagged orders from Singapore-based PSA and Terminal Investments Ltd Group.

Four major lines – AP Moller-Maersk, Hapag-Lloyd, MSC and ONE – have jointly established Digital Container Shipping Association (DCSA) to drive standardisation, digitalisation and interoperability in the industry.

Contship Italia has concluded an agreement with Itaterminaux, a fully controlled subsidiary of MSC’s terminal arm TIL (Terminal Investment Ltd), for the sale of its 50% stake in Medcenter Container Terminal (MCT) at Gioia Tauro, Italy’s largest transhipment terminal.

Mediterranean Shipping Company (MSC) will be upgrading its Australia Express service between Europe/Indian Ocean and Australia under a new partnership with CMA CGM.

Mediterranean Shipping Company (MSC) has secured $439m of Sinosure-backed financing to equip 86 scrubbers on its ships.

The switch by Maersk Line and MSC of a transatlantic service from Liverpool from Felixstowe last July after the latter port suffered severe delays due to problems with a new terminal operating system has become permanent.

The cooperation between ZIM and the 2M Alliance of Maersk Line and MSC is being expanded to the Asia – Med and Asia – Pacific Northwest trades covering four services.

Page 1 of 11