June 21st, 20198Investigators have found more cocaine than initially reported onboard the with further arrests in one of the largest drugs busts in recent American history. Four more crew of the 9,962 teu ship have been arrested along with the initial pair as seafarers are grilled about how the illicit drug came onboard the huge ship that was raided...
June 19th, 20191MSC Mediterranean Shipping Co is once again at the centre of a huge cocaine bust at the Port of Philadelphia. Authorities yesterday revealed they had found 16.5 tonnes of cocaine on the 9,962 teu , which was raided on Monday morning when it docked at the US east coast port, having come from Colombia. The street value of the haul was...
June 14th, 20190Gianluigi Aponte’s Italian holding company Marinvest and Messina Group have formally signed an agreement which makes MSC the new owner of four ships and a minority stake in the Genoa-based shipping company. Aponte will invest €25m ($28.5m) for a 49% stake in the Ignazio Messina & C. group and a 52% stake in a new vehicle...
June 10th, 20190Israel Defence Forces stormed a boxship anchored off Haifa yesterday after a Turkish immigrant was found to have started a fire on the vessel. The Israel Defence Forces (IDF) released aerial footage showing naval forces boarding the 2,600 teu , anchored near Israel’s top port after crew onboard had radioed in the arson attack to...
June 7th, 20190Shippers must brace for more expensive calls to crisis-hit Venezuela. MSC, the world’s second largest liner, yesterday told clients it was imposing surcharges for shipments bound for the politically unstable Latin American nation. “Amid the imposition of sanctions related to Venezuela, and the ongoing political volatility in that...
May 6th, 20190GIC, Singapore’s sovereign wealth fund, has acquired a 10% interest in Terminal Investment Limited (TIL), the sixth largest container terminal operator in the world, from Global Infrastructure Partners (GIP) and other existing co-investors. TIL has a globally diversified portfolio that handles the container volumes of Mediterranean...
April 30th, 20190CEVA Logistics has appointed Nicolas Sartini as the new CEO of the company, effective from June 1. Sartini used to serve as the CEO of APL, a subsidiary of CMA CGM, and later moved to CEVA as chief operating officer and deputy CEO. He replaces Xavier Urbain who will become executive advisor to Rodolphe Saadé, who has been elected as...
April 26th, 20190Minerva Bunkering, the renamed and restructured Aegean Marine Petroleum Network, has appointed Tyler Baron as its chief executive officer. Baron, who was on the board of Aegean through the restructuring, will be based in Geneva and will oversee Minerva’s global business operations across Europe, the Americas and Asia. Magid...
April 5th, 20190Maurizio Aponte, cousin of Gianluigi Aponte and one of Mediterranean Shipping Company’s (MSC) top executives from the very beginning, is stepping down to focus on a Naples-based ferry company belonging to the family. In a statement sent to Splash, MSC reported Aponte will move on from his role as executive director Europe at the...
March 13th, 20190Two of the world’s largest liners are joining forces to offer a unique Europe – Oceania service. MSC and CMA CGM have announced the formation of a new vessel sharing agreement for the trade from Europe to the Indian Ocean and Australia. From mid-September 2019, the carriers will operate a joint service which will return from...
