Displaying items by tag: New LoLo Giant

23rd December 2021

New Container Giant: MSC to Overtake Maersk as Top Box-Line After Brazilian Acquisition

New Container Giant: MSC’s acquisition of a Brazilain operator, Log-In – Logistica Intermodal S.A., will add up to 15,000 TEU of capacity, edging MSC just above Maersk in the ranking table, according to a maritime analyst. Above: MSC Edith (1,658 TEU) arriving in Dublin Bay in recent years. AFLOAT adds, yesterday, a larger fleetmate MSC Joy (1,933 TEU) from Antwerp, Belgium, was observed arriving initially to Dublin Bay before the large Lo-Lo ship by Dublin Port standards, entered to berth at the DFT Terminal, a container division of Irish Continental Group.

LloydsLoadingList reports that the board of Brazilian regional container line Log-In – Logistica Intermodal S.A., has approved the acquisition of a 67% stake in the company by Mediterranean Shipping Company (MSC) in a bid valuing Log-In at just over $500m.

Log-In has seven boxships in service with another two on order.

Maritime analyst Lars Jensen, CEO of Vespucci Maritime, said: “MSC is now the world’s largest container carrier. With the board approval to buy Log-In, this will add some 15,000 TEU of additional capacity to the fleet controlled by MSC, placing them ahead of Maersk.”

He cites Alphaliner’s top 100 ranking table which shows:

Maersk with 4,264,054 TEU

MSC with 4,256,172 TEU

Log-In with 15,462 TEU.

So adding 15,462 TEU to MSC gives it a total of 4,271, 634 TEU, making it top of the table, he said.

More here on MSC's buying spree, noting the global container operator Afloat adds has an Irish office located in Sandyford, Co. Dublin.

Published in Ports & Shipping

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Coronavirus (COVID-19): Irish Sailing & Boating

Since restrictions began in March 2020, the Government is preparing for a 'controlled and gradual return to sport' and the 2020 sailing fixtures are being tentatively redrafted by yacht clubs, rowing clubs angling and diving clubs across Ireland as the country enters a new phase in dealing with the Coronavirus. The hope is that a COVID-19 restrictions might be eased by May 5th as Sport Ireland has asked national governing bodies for information on the challenges they face.

Coronavirus (COVID-19) information

COVID-19 is a new illness that can affect your lungs and airways. It's caused by a virus called coronavirus.

To help stop the spread of coronavirus (COVID-19) everyone has been asked to stay at home. But some people may need to do more than this.

You may need to either:

You do these things to stop other people from getting coronavirus.

Restricted movements

Everybody in Ireland has been asked to stay at home. You should only go out for a few reasons, such as shopping for food.

But you need to restrict your movements further if you:

live with someone who has symptoms of coronavirus, but you feel well

are a close contact of a confirmed case of coronavirus

have returned to Ireland from another country

You need to restrict your movements for at least 14 days.

But if the person you live with has had a test and it is negative, you don't need to wait 14 days. You should still follow the advice for everyone - stay at home as much as possible.

Close contact

This is only a guide but close contact can mean:

spending more than 15 minutes of face-to-face contact within 2 metres of an infected person

living in the same house or shared accommodation as an infected person

How to restrict your movements

Follow the advice for everybody - stay at home.