Mediterranean Shipping Company
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|Founded||Naples, Italy, 1970|
|Diego Aponte, President and CEO|
|Services||Container Shipping and Logistics|
|Revenue||$28.19 billion (2015)|
|Profit||$6.16 billion (2014)|
Number of employees
Mediterranean Shipping Company S.A. (MSC) is the world's second-largest shipping line in terms of container vessel capacity. As a private company it has no obligation to publish annual reports certified by independent parties; as a consequence, the data MSC releases about itself is not verifiable. As of the end of December 2014, MSC was operating 471 container vessels with an intake capacity of 2,435,000 twenty-foot equivalent units (TEU). The Geneva-headquartered company operates in all major ports of the world. MSC's most important port is Antwerp in Belgium. MSC Cruises is a division of the company focused on holiday cruises.
MSC was founded in Naples in 1970 as a private company by the seafarer Captain Gianluigi Aponte when he bought his first ship, Patricia, followed by Rafaela, with which Aponte began a shipping line operating between the Mediterranean and Somalia. The line subsequently expanded through the purchase of second-hand cargo ships. By 1977, the company operated services to northern Europe, Africa and the Indian Ocean. The expansion continued through the 1980s; by the end of the decade, MSC operated ships to North America and Australia.
As of October 2014, Diego Aponte (son of MSC founder Gianluigi Aponte) was named president and chief executive of MSC, taking over from his father who was named group executive chairman. Gianluigi Aponte would continue to oversee all group related activities as well as supporting Diego in shaping the future of MSC.
The company today
As one of the world’s leading container shipping lines with headquarters in Geneva, Switzerland, MSC operates 480 offices across 150 countries worldwide with over 24,000 employees. MSC’s shipping line sails on more than 200 trade routes, calling at over 315 ports.
MSC operates vessels with a capacity of up to 19,244 TEU, including one of the largest container ships, MSC Oscar. The company remains independent and wholly owned by the Aponte family under the leadership of Diego Aponte who was appointed President and CEO by his father and company founder Gian Luigi in October 2014.
In August 2014, MSC ordered a new cruiseship worth up to EUR 3bn ($4.13bn) from STX France. The Saint-Nazaire yard will build two firm ships for EUR 1.5bn. The first ship is due in the first half of 2017, with the second in the first half of 2019. The contracts will provide 16m working hours for the French shipbuilder. The order has been on the cards since February, with a vessel size of around 160,000 gt cited. Passenger capacity will be about 4,000 people.
In December 2014 the MSC shipping line ranked number 6 in Lloyd's List Top 100 Most Influential People in Shipping.
In January 2015 MSC launched the largest container ship, MSC Oscar, with a capacity of 19,224 TEU. Built by Daewoo Shipbuilding & Marine Engineering and registered in Panama, it joins the Albatross service in January as part of the 2M VSA (Vessel Sharing Agreement between Maersk Line and MSC). Later in 2015 MSC launched three more container ships of same capacity and named MSC Oliver, MSC Zoe and MSC Maya.
In February 2017 MSC purchased a 49% stake into Ignazio Messina & C. an Italian shipping Line founded in Genoa, Italy in 1929, and specialised in intra Mediterranean short sea, and Europe to East and West Africa routes. The company owns 8 Roll-on/roll-off vessels and a Terminal in Genoa port, on top of a container fleet of 65,000 teu.
Accidents and incidents
Following an engine room explosion and subsequent fire on 30 November 1994 the MS Achille Lauro was abandoned and eventually sank on 2 December 1994.
MSC Jessica was a vessel sailing between India and Europe that caught fire during dismantling at the shipbreaking yard of Alang, Gujarat, India. The company came under intense criticism as this was not in line with the European legislation and the Basel Convention. 6 workers lost their life as a result of this accident.
On 29 August 2009 the MSC Nikita collided with the Nirint Pride off the port of Rotterdam. The MSC Nikita was holed in the engine room and subsequently towed to Rotterdam. There were no casualties. After emergency repairs to her stern she was declared a constructive total loss.
The container ship MSC Chitra collided with another vessel MV Khalijia III on 8 August 2010 in Jawaharlal Nehru Port causing the spillage of approximately 300 containers into the port waters. Jawaharlal Nehru Port and the adjacent Mumbai Port were closed for several days until the containers could be cleared and no longer present any danger to shipping.
In 2006, MSC was levied a US$10 million fine, and placed on five years probation, after being found guilty in a "magic pipe" case involving MSC Elena in which more than 40 tons of sludge and oil-contaminated bilge waste was intentionally discharged over a five-month period in 2004.
The container ship MV Rena, owned by Costamare and chartered by MSC, ran aground on the Astrolabe Reef, near Tauranga, New Zealand On Wednesday, 5 October 2011, at 02.20am (Tuesday 4, 13.20 UTC) with a speed of 17 knots (31 km/h; 20 mph). MSC, being a charterer and not the owner or manager of the vessel, has denied that it was responsible for the navigation of the ship.
On June 24 2017 the MSC container ship Alice while casting its anchor off the Somali shore cut a main underwater optical fiber cable shutting down the Internet connection of the whole country. The cable and Internet connection were restored three weeks later. The damage caused an important economic loss to Somalia that seized the cargo ship in its port of Mogadishu. The ship was allowed to sail off after MSC company paid an undisclosed amount of money to the Somali authorities.
- Clemenceau disposal controversy
- Ship breaking
- Ship decommissioning
- Shipbreakers (film)
- Wrecking (shipwreck)
- MSC Cruises
- List of container shipping companies
- Ship breaking yards
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- Toxic Watch Alliance (5 August 2009). "Swiss Hazardous Ships Bought for Dumping on South Asian Beaches?". IMO Watch. Retrieved 8 August 2012.
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- Siddharth Philip (11 August 2010). "Mumbai Port Partially Re-Opens as Work Clearing Shed Containers Continues". Retrieved 13 December 2010.
- "Magic pipe incident draws huge fine". AllBusiness Marine Log. 1 January 2006. Retrieved 13 December 2010.
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-  Archived 29 March 2012 at the Wayback Machine.
- "Maritime Bulletin". Retrieved 18 August 2012.
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- "Portacontainer MSC trancia un cavo sottomarino:Somalia senza Internet per 3 settimane. Sequestrata e liberata dopo 21 giorni". Retrieved 30 July 2017.
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