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Company News About MSC Expands Fleet Amid Global Shipping Downturn

MSC Expands Fleet Amid Global Shipping Downturn

2025-10-13

Despite industry concerns over overcapacity and falling global freight rates, Mediterranean Shipping Company (MSC) has pushed ahead with fleet expansion, dominating recent second-hand container ship deals.

Maritime consultancy Braemar reported MSC bought two 2007-built ships for $55 million total, and a 2012-built vessel with a charter for $31.25 million. It also secured at least three feeder ships in 10 days. As of October 8, MSC operates 943 ships, including 677 owned and 266 chartered ones.

Industry experts noted the strategy’s rationale: Xeneta’s Peter Sand said buying ships is wiser than chartering amid disconnected rates. CargoGulf’s Hans-Henrik Nielsen called some purchases "great deals" with low per-TEU daily costs. Braemar added MSC’s moves highlight an "uneven playing field" in shipping, as giants leverage resources to gain an edge, with some viewing it as a step toward global dominance.

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MSC Expands Fleet Amid Global Shipping Downturn

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