Mediterranean Shipping Company (MSC) has continued its aggressive vessel acquisition drive, capitalising on steady charter rates and a relatively stable second-hand market to further expand its fleet, according to shipping market sources.
The world’s largest container carrier by capacity has added several mid-age and modern vessels in recent weeks, reinforcing a strategy it has pursued since the pandemic years: prioritising owned tonnage over chartered ships to gain greater operational and cost control. Brokers say MSC remains the most active buyer in the resale market, particularly for vessels in the 2,000–10,000 teu range, which offer flexibility across regional and secondary trades.
Charter rates across most size segments have held firm despite seasonal softness and ongoing geopolitical uncertainty. While rates remain well below the record highs seen during 2021–22, they are still elevated compared with pre-pandemic levels, providing owners with confidence and limiting any sharp correction in asset prices.
Market participants note that MSC’s continued appetite contrasts with a more cautious stance from other major liners, many of which are focusing on capacity discipline and cost management amid slowing global trade growth and a large orderbook scheduled for delivery over the next two years.
Analysts suggest MSC’s buying spree reflects a long-term view on fleet renewal and network resilience, especially as regulatory pressure on emissions intensifies and older tonnage faces higher compliance costs. By selectively acquiring ships, MSC is positioning itself to redeploy capacity quickly as market conditions evolve, while reducing exposure to volatile charter markets.
With charter rates expected to remain broadly stable in the near term and limited distress sales in sight, brokers expect MSC to stay active, though competition for well-priced vessels is likely to keep asset values supported through early 2026.
