MSC Mediterranean Shipping Company, a world leader in shipping and logistics, made available its knowledge and expertise on global trade at the Wall Street Journal’s top networking forum for global company CEOs.
Senior MSC representatives hosted luncheons at the CEO Council Annual Meeting in London and at the Council's meeting in Tokyo on the theme: “Keeping Pace with Global Trade”.
Container shipping volumes are expected to increase 4.6 percent to more than 150 million TEUs (Twenty-Foot Equivalent Unit) in 2019, according to industry research company IHS Markit. While that growth is cause for optimism, it comes with a set of challenges related to the changing nature of globalization.
Some 90 percent of goods are thought to be transported in containers, so business leaders in all industry sectors have a keen interest in trade. Most, or perhaps all, keep a close eye on unpredictable topics such as Brexit and the US-China Trade War.
MSC draws on its global coverage of trade lanes, overland transport connections and 500 ports of call, to be a key point of reference on global trade issues.
As a mover of 21 million containers per year, MSC is well placed to offer a view on how new environmental regulations are increasing the cost of trade throughout the supply chain, or how technology and digitalization are paving the way for the container shipping sector to evolve into a better connected, more customer-focused industry sector.
Founded in 1970, MSC employs more than 70,000 people and serves customers from 480 offices worldwide. Its 200 sea freight services are complemented by rail, road and logistics activities in over 60 countries and 70 port terminal infrastructure investments across five continents.
MSC Mediterranean Shipping Company is part of the MSC Group of companies, which also includes MSC Cruises, the world’s largest privately-owned cruises line and the brand market leader in Europe, South America, South Africa and the Gulf.