In a recent interview with Lloyd’s List, Søren Toft, CEO of MSC, the world’s largest liner shipping company, said that MSC has bought around 250 second-hand container ships since June 2020 because there is enough demand in the market that if we don’t expand our fleet capacity, the freight market will get worse. Paper cup raw material And if MSC doesn’t do it, there must be other liner companies that will. Paper cup material manufacturers

In fact, the consolidation market has seen a regular boom since mid-2020, with record historic earnings and an explosion in North American demand for Asian commodities as a result of the New Crown epidemic. Paper cup raw material

In addition MSC has reached record levels in terms of the number of newbuilding orders and capacity dimensions.Paper cup raw material

According to Alphaliner data, MSC has now ordered 125 new vessels with a total capacity of nearly 1.8 million TEU, representing 38.1% of the total capacity of its existing fleet. Paper cup material manufacturers

In other words, MSC’s new vessel order capacity is already larger than the entire fleet of Evergreen Marine, the world’s sixth largest container carrier. Paper cup material manufacturers