In its search for further ships, MSC has found what it was looking for at MPC. Last week, the takeover of the “AS Nadia” and the “AS Ragna” was sealed.
The Aponte shipping company’s shopping spree on the second-hand market continues unabated. While several ships from the management of NSB and from the former fleet of Norddeutsche Reederei H. Schuldt, among others, followed last week with two units from the previous portfolio of MPC Container Ships. [ds_preview]
According to broker reports, these are the sub-Panamax freighter “AS Nadia”, which was built in 2007 and has a capacity of 3,586 TEU. It was originally built as the “Nordspring” for the Nord shipping company and was sold to MPC Container Ships in December 2020. According to VesselsValue, the ship is currently worth around US$17.6m.
In addition, there is the smaller and two years younger “AS Ragna” with 1,496 TEU, which was once ordered by the shipping company Hermann Buss in Chinan and then passed on to MPC in 2018. VesselsValue values her at just under US$11.5m.
MPC adjusts fleet portfolio
According to reports, MSC has already acquired eleven ships this year. Since the start of the unique purchasing spree in the history of container shipping in August 2020, it has already acquired around 350 units.
MSC is now on the threshold of a 20% global market share in liner shipping. The shipping company is currently the undisputed No. 1 with more than 800 ships and a fleet capacity of 5.8 million TEU.
In addition to its activities on the second-hand market, the company, which is based in Geneva (Switzerland), also launched the largest newbuilding program in the entire industry. Of these, 108 ships with just under 1.3 million TEU are currently still awaiting delivery. This corresponds to around 22% of MSC’s existing fleet.
