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You are here: Home Archive 2009 August Weekly Edition 27th of August 2009 Scrapping spree leaves MSC with no idle ships

Scrapping spree leaves MSC with no idle ships

by Michelle Wiese Bockmann, London last modified Aug 27, 2009 04:59 PM

AN AGGRESSIVE scrapping campaign by Mediterranean Shipping Co, the world’s second-largest container line, has left none of its fleet of over 400 vessels idle.

Liner shipping consultancy Alphaliner contrasted MSC’s position with that of Malaysian carrier MISC, which has the highest percentage of idle ships for any of the top 24 container lines.
MISC has 12 ships, or 41%, of its capacity unemployed,...

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