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MSC Shipmanagement Limited

Sector: Seaport • Location: World Region

Source: International Finance Corporation (IFC)

Project
Completed

MSC, an existing IFC sponsor, is the world’s second largest container shipping company with 460 container vessels in operation at the end of June 2014. The company also owns material interests in 28 container terminals in 20 countries across 5 continents. IFC is considering a $150 million loan to MSC Cyprus - a wholly-owned MSC subsidiary responsible for the worldwide manning, technical servicing,

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The project “MSC Shipmanagement Limited” is an infrastructure initiative in the Seaport sector, located in World Region. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Contact

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Email

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Address

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Description

Description

MSC, an existing IFC sponsor, is the world’s second largest container shipping company with 460 container vessels in operation at the end of June 2014. The company also owns material interests in 28 container terminals in 20 countries across 5 continents. IFC is considering a $150 million loan to MSC Cyprus - a wholly-owned MSC subsidiary responsible for the worldwide manning, technical servicing, and procurement of parts for MSC ships - to help improve the fuel efficiency of over 100 existing MSC vessels. This is expected to lead to significant GHG reductions for the MSC fleet. The necessary retrofitting works are expected to be performed in Chinese shipyards.

Original sub-sector

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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