Tag: Mediterranean Shipping Company

Recently the MSC and Maersk implemented Emergency Bunker Surcharge due to high bunker prices. Now, the Global Shippers Forum says that this is a negative development and needs to be changed. Chris Welsh, Secretary General of GSF noted that the industry needs to be more transparent about bunker surcharge costs.

The Mediterranean Shipping Company and Maersk informed that they will implement Emergency Bunker Surcharge. The two companies resorted to this solution, as a measure to deal with the rising bunker prices. Fuel prices increased by more that 30% this year, and almost 70% since last June.

On the occasion of Maersk Honam’s berthing and the commencement of discharging operations on 22 May, the Mediterranean Shipping Company announced that it is imposing additional charges to its customers if they want their cargo to reach the final destination. The company is therefore requesting an amount of 750 USD per 20’/1250 USD per 40’.

The hotspots onboard the ultra large container ship 'Maersk Honam' have been almost extinguished and the vessel is now tentatively expected to berth next week, when the discharging operations will commence. If everything proceeds as planned, the operations are estimated to last 4 to 7 days.

USCG announced that its rescue crews are searching for a 'MSC Seaside' crewmember who fell overboard, approximately 8 nautical miles southeast of St. Thomas, US Virgin Islands. The missing man reportedly went overboard from the seventh deck of the Maltese-flagged cruise ship at approximately 1 a.m. Wednesday.

The world’s top two container shipping companies, Danish Maersk Line and Geneva-based MSC, are reviewing their Iran operations, following the US withdrawal from the international nuclear agreement with Tehran. This is expected to have significant implications for shipping trade with Iran and the insurance of this trade.

Geneva-based shipping giant MSC is about to acquire the industry's first 23,000 TEU container ships, under an order set in September 2017. South Korean shipbuilder Samsung Heavy Industries had confirmed the order of eleven mega container ships at that time, originally reported as 22,000 TEU class.

The California Air Resources Board fined the Mediterranean Shipping Company $350,000.00 for violating air quality regulations. Namely, four MSC ships did not comply with fuel regulations. More specifically, an investigation by the ARB showed that four MSC vessels, one vessel twice, failed to comply with the OGV Fuel Regulation.

The International Transport Workers' Federation is making a call for careful consideration and consultation over a proposal to create the largest ever shipping alliance to operate on global trades.

Owners will have to pay a big bill to get it back The company salvaging the stricken container ship Rena has now confirmed the owners of cargo on board the ship will have to pay a big bill to get it back.The Mediterranean Shipping Company, which chartered the container ship, and an adjuster working for salvage company Svitzer have sent letters to container owners, naming their price.It comes after the company earlier refused to confirm details of the charges, which One News learnt about from sources.The letters say owners will have to pay 80 per cent of the container's value to get their property back.They can get a cash discount if they pay up front in US dollars, plus freight and insurance costs.The letters also warn that owners will have to pay fees to cover the storage cost of their container if they don't pay within a certain timeframe.It will be the highest charge in history to return shipwrecked goods, eclipsing the 60 per cent charged for cargo retrieved from the Napoli shipwreck off the British coast five years ago.Svitzer spokesman Matthew Watson said his company was following standard global maritime salvage practices."If property owners have concerns about their belongings, ...