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MSC’s Ascendancy and the Consolidation of Container Shipping

1 April 2025 MSC Mediterranean Shipping Company is cementing its position as the world’s largest container line by a widening margin. Over the course of this year, MSC is expanding faster than any other major carrier, contributing 831,400 TEU and accounting for 39 per cent of capacity growth among the major operators. The rise of MSC—and the broader consolidation of the liner sector—raises important questions for shippers, regulators, and the industry at large. The MSC Growth

The IMO’s EEXI and CII Regulations: Decarbonisation Gets Serious

10 February 2023 On 1 January 2023, two of the most significant regulatory measures in the history of international shipping entered into force. The Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII) now apply to the vast majority of the world’s commercial fleet, marking the beginning of a new chapter in shipping’s long road towards decarbonisation. What the Regulations Require The EEXI is, in essence, a one-time technical assessment of a ve

The Great Freight Rate Correction: Shipping After the Pandemic Boom

20 September 2022 After two extraordinary years in which container freight rates reached historic highs, the shipping market is experiencing a correction of remarkable speed and severity. The era of $20,000-per-TEU spot rates from Shanghai to Europe appears to be over, and the industry is now grappling with what the return to normality looks like. From Boom to Bust The pandemic-driven boom was fuelled by a perfect storm of factors: surging consumer demand for goods, port cong

The “Ever Smart” and “Alexandra 1”: The Supreme Court Clarifies the Collision Regulations

10 May 2022 The Supreme Court’s decision in Nautical Challenge Ltd v Evergreen Marine (UK) Ltd [2021] UKSC 6 —the first collision case to reach the Supreme Court—has brought long-awaited clarity to the relationship between the crossing rules and the narrow channel rule under the International Regulations for Preventing Collisions at Sea 1972 (the “ColRegs”). The subsequent remittal to the Admiralty Court, determined earlier this year in [2022] EWHC 206 (Admlty) , has now conc

© 2020 by Francis Hornyold-Strickland.

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