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MSC’s secondhand spree tops $2bn

Over the past 12 months MSC has accumulated 34% more tonnage than PIL, the world’s 12th-largest line, has in its entire fleet

MSC’s strategy of hoovering up tonnage on the secondhand market has added over 90 ships and 360,000 teu in capacity to the soon to be world’s largest container line, but the ageing fleet of small ships is little more than a short-term cash cow

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