Category: MSC

MSC’s takeover of Wärtsila site in Trieste gets a little more complicated

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…

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…