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You are here: Home Archive 2009 August 19 MSC defies lay-up trend, puts all ships to work

MSC defies lay-up trend, puts all ships to work

by Michelle Wiese Bockmann - Lloyd's List last modified Aug 19, 2009 12:13 PM

An aggressive scrapping campaign by Mediterranean Shipping Co, the world’s second-largest container line, has resulted in all of its 400-plus fleet being in work.

  
MSC defies lay-up trend, puts all ships to work

Full steam ahead: MSC avoids lay-up mentality

MSC tops the demolition list amid unprecedented scrapping levels this year, sending 20 of its own ships to the breakers, four which were less than 20 years old.

Almost 150 containerships exceeding 275,000 teu were sold for scrap and destined for...

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