As cash rich container lines continue to ramp up their presence in the logistics sector Mediterranean Shipping Co (MSC) has made an EUR5.7bn ($6.4bn) for Bolloré Africa Logistics.

MSC will launch shuttle services connecting south and central China with Long Beach in October.

Guangzhou Shipyard International has inked a contract for two 16,000 teu boxships with China Merchants Financial Leasing, the first time it has ordered from the yard.

Mediterranean Shipping Company (MSC) is revamping its intra-Asia network to provide shorter transit times between China and Southeast Asia.

In the wake of the Suez Canal blockage MSC is launching a new intermodal rail freight option connecting Europe and Asia.

The Port of Valencia has received its first containership that was held up in the closure of the Suez Canal by the grounding of the Ever Given.

For the first time in Chile and on the West Coast of South America (WCSA) San Antonio Terminal International (STI) has docked two very large containerships of 366 m in length.

Container lines are diverting a growing number of vessels via the Cape of Good Hope, and in some cases simply turning services around, as the Suez Canal remains blocked by the grounded Ever Given.

Container line MSC is continuing to beef up its service offerings between Asia and the US.

MSC is introducing a new transpacific service between Southeast Asia the US West Coast.