The European Commission has launched an investigation into Terminal Investment Limited Holding’s proposed joint control of Terminal Catalunya with Hutchison Ports. Concerns have been raised about potential price increases and reduced service quality at the key Barcelona container terminal, which may hinder competition and impact shipping costs.
MSC Cruises is making significant strides in the cruise industry with a $4 billion investment in two new World Class vessels. Announced in Saint-Nazaire, this commitment increases MSC’s total investment to $12 billion for eight ships. The new vessels, set for completion in 2030 and 2031, will feature innovative, energy-efficient designs.
MSC Mediterranean Shipping Company plans to register a fleet of vessels under the Indian flag, joining CMA CGM and Maersk in supporting India’s maritime growth. CEO Soren Toft announced the deployment of 12 vessels, emphasizing India’s potential in shipping, ports, and logistics. The initiative reflects MSC’s commitment to India’s maritime development.
Global shipping leaders MSC and Maersk are reflagging vessels to the Indian register, following CMA CGM’s lead. This move leverages India’s cabotage laws, enhancing coastal trade. With plans to construct containerships in India, it aligns with the government’s Maritime India Vision 2030, aimed at modernizing maritime infrastructure and attracting investment.
Shippers are increasingly focusing on ocean carriers to reduce Scope 3 greenhouse gas emissions and future carbon costs, as highlighted in the report Scope 3 at Sea by OceanScore. The study shows that operational consistency and carbon intensity significantly impact environmental footprints and compliance risks, with MSC and OOCL leading in efficiency.
Mediterranean Shipping Company (MSC) has informed the High Court that the Kerala government lacks jurisdiction over the capsizing of the ELSA 3, which occurred 14.5 nautical miles off the coast, outside India’s territorial waters. MSC argues that the state’s ₹9,531 crore compensation claim is speculative and unsupported.
Greenpeace India is calling on Mediterranean Shipping Company (MSC) to take accountability for the sinking of the MSC Elsa 3 off Kochi. The incident released 450 tonnes of fuel and chemicals, contaminating local waters and impacting fishing communities. Legal actions against MSC are underway, with significant compensation sought for damages.
The Mediterranean Shipping Company (MSC) has ceased oil recovery efforts from the sunken cargo ship MSC Elsa 3 near Kerala, terminating its contract with T&T Salvage over concerns about their inexperience at depth. Meanwhile, Brand Marine Consultants is negotiating with SMIT Salvage for fuel removal, as onshore cleanup progresses.
At the 110th session of the Maritime Safety Committee, IMO General Secretary Arsenio Dominguez highlighted the critical importance of maritime security and environmental protection. Mourning the loss of seafarers from recent tragedies, he called for enhanced compliance with IMO standards and effective emergency responses to ensure the safety of maritime operations.
Spanish first responders successfully rescued the disabled MSC boxship, MSC Talia F, adrift off Gran Canaria. Despite challenging conditions, the response crew managed to tow the ship safely to Las Palmas. The vessel, carrying 1,000 TEU, has resumed its commercial voyage. This incident highlights the challenges of operating aging ships in adverse conditions.
The Canadian Coast Guard has recovered tar balls near the area where the MSC Baltic III containership ran aground in Newfoundland. Initial testing suggests the oil likely came from the vessel, with no evidence of a consistent leak. Salvage efforts are ongoing to remove fuel and containers from the damaged ship.
Authorities in the Port of Vigo, Spain acted swiftly to address a navigation hazard when the containership MSC Houston V experienced a stack collapse. Strong winds caused the collapse, leading to 15-20 containers falling overboard. Quick response and coordination helped prevent further damage, with efforts to stabilize the cargo proving to be a complex task.
Salvage teams in Newfoundland, Canada are working to reduce pollution risks from the grounded MSC Baltic III containership. Despite no observed pollution, dangers remain due to significant hull damage. Efforts to offload fuel and contaminants are underway, with challenges posed by the remote location and harsh weather.
Twelve days after the containership MSC Baltic III ran aground in Canada during a winter storm, the Canadian Coast Guard has determined it cannot be safely refloated. Salvage efforts are hindered by bad weather, focusing on removing fuel and potential contaminants. The urgency is heightened by the threat of worsening conditions.
The Mediterranean Shipping Company (MSC) is expanding its commitment to India’s maritime sector, following CEO Soren Toft’s recent meeting with Union Minister Sarbananda Sonowal. They discussed investment opportunities in logistics, shipbuilding, and cruise tourism, aligning with initiatives like the Sagarmala Project and the ‘Make in India’ campaign to strengthen local capabilities.
