Shipping giant MSC is in talks with various stakeholders to gain control of the former Wärtsila plant in the port of Trieste and convert it into a rail rolling stock production site. However, multiple Italian trade unions are now highlighting how Wärtsila’s attitude might hamper the feasibility of the project. Wärtsila, a Finnish ship engine…
Category: MSC
Deutsche Bahn selects four finalists for DB Schenker sale
Deutsche Bahn (DB) has chosen the four finalists for the sale of DB Schenker. The last contenders are Danish shipping giants Maersk and DSV, the Saudi national shipping carrier Bahri and a partnership between investments funds CVC Capital Partners, Carlyle Group and the Abu Dhabi Investment Authority. This means that MSC is no longer in…
Deutsche Bahn selects four finalists for DB Schenker sale
Deutsche Bahn (DB) has chosen the four finalists for the sale of DB Schenker. The last contenders are Danish shipping giants Maersk and DSV, the Saudi national shipping carrier Bahri and a partnership between investments funds CVC Capital Partners, Carlyle Group and the Abu Dhabi Investment Authority. This means that MSC is no longer in…
Medway to operate three new terminals in Spain by 2025
Medway, MSC’s rail freight subsidiary, will soon start operating three intermodal terminals in the Spanish region of Extremadura, near the border with Portugal. The three facilities are Badajoz, Mérida, Navalmoral de la Mata. The three terminals are all expected to commence operations between October 2024 and March 2025, as Spanish media El Mercantil mentioned. The…
Medway to operate three new terminals in Spain by 2025
Medway, MSC’s rail freight subsidiary, will soon start operating three intermodal terminals in the Spanish region of Extremadura, near the border with Portugal. The three facilities are Badajoz, Mérida, Navalmoral de la Mata. The three terminals are all expected to commence operations between October 2024 and March 2025, as Spanish media El Mercantil mentioned. The…
Shortlist for DB Schenker’s buyers to be ready next week
Deutsche Bahn (DB) has received the first confirmatory bids for the sale of its logistics arm DB Schenker. Some of the companies that presented an offer include DSV, Maersk and MSC. Morevoer, equity firms such as CVC Capital Partners and Carlyle Group confirmed their bid of around 14 billion euros. This new step comes after…
Three years and 100 million euros for MSC’s Wärtsilä takeover in Trieste
Shipping giant MSC recently unveiled its plan to take over the disused Wärtsilä plant at the port of Trieste and convert it into a rail rolling stock production factory. The main feature is the progressive reintegration into the new site by 2027 of the roughly 280 former Wärtsilä employees, currently under a Redundancy Fund (Cassa…
Not only wagons: MSC plans to build bogies in Trieste as well
MSC is in talks to take over the industrial site formerly used by Finnish maritime equipment manufacturer Wärtsilä in the port of Trieste. The shipping giant claimed it wants to use the area to build 1,000 rail freight wagons every year. Moreover, it seems as if the company wants to launch the production of rail…
MSC acquires French forwarder extending Eurasian rail network
MSC is officially ready to acquire the majority shares of French freight forwarder Clasquin. The two parties have agreed on the specifics of the transfer and will soon proceed to the merger of operations. MSC subsidiary SAS Shipping Agencies Services Sàrl will carry out the acquisition, which is expected to result in the extension of…
MSC plans to build 1,000 wagons in former Wärtsilä plant in Trieste
Shipping giant MSC is working on taking over the industrial area near the port of Trieste formerly occupied by Wärtsilä, a Finnish maritime equipment manufacturer. MSC is planning on reconverting the factory into a rail rolling stock production facility, intending to churn out 1,000 wagons per year. MSC recently held a meeting with various Italian…