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MSC could become the world s largest shipping line by 2022
MSC currently operates a fleet of 587 container ships with a total transport capacity of 3,892,732 TEU. Meanwhile, Maersk has a fleet of 711 vessels with a cargo capacity of 4,126,740 TEU. Thus, the difference between the two partners of the 2M vessel sharing agreement is only 234,000 TEU. Regardless of past developments and fleet growth, MSC is expected to overtake its Danish competitor, becoming the world s leading shipping line in 2022, because of the opposite stance that the lines have taken regarding the construction of new container ships.
MSC has orders for at least 35 large interoceanic vessels with a combined capacity of almost 660,000 TEUs. Meanwhile, Maersk s current order portfolio only includes 16 intra-regional vessels with 41,674 TEUs.
Vessel-hungry MSC set to take Maersk’s crown as world’s largest box line
Based on box ship orderbooks and its aggressive purchasing in the second-hand market, MSC is set to usurp 2M partner Maersk next year to become the world’s largest container line.
According to Alphaliner data, the capacity gap between the two carriers currently stands at around 225,000 teu, with the Danish carrier operating a fleet of 709 ships for 4,121,964 teu, while MSC’s 588-ship fleet has a capacity of 3,897,002 teu.
However, the consultant said, MSC’s two-pronged owned fleet growth strategy of hoovering up second-hand tonnage alongside its large orderbook will see Maersk become the junior partner in the 2M alliance “sometime in 2022”.
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