Headlines
MSC eyes top spot in global containers business — may displace Maersk as leading Container line in 2022

On the other hand, MSC operates 588 ships with a net tonnage of 3,897,002 TEU, and it has built up a very large order book.
In addition to its active newbuilding program, MSC is also aggressively acquiring second-hand tonnage.
Comparing Maersk’s fleet expansion strategy and order books, it’s safe to say that MSC might be the biggest container line in 2022 when it comes to net tonnage.
“MSC is behind orders for at least 35 big deep-sea vessels, with a combined capacity of nearly 660,000 TEU, while Maersk’s current order book only includes 16 ‘regional’ ships, for 41,674 TEU,” noted Alphaliner.
“MSC’s pipeline could grow even further since several big new builds are believed to be joining the MSC fleet under long-term charters yet to be confirmed.”
On the other hand, as Maersk refocuses on decarbonization and dives deeper into exploring alternative fuels, they are expected to refrain from placing any large orders in the near term.
Instead, they have been investing heavily in extending their reach into supply chain logistics.
“MSC’s path to the number-one spot in liner shipping has been one of organic growth, whereas Maersk owes its top ranking to the takeover of Sealand (in 1999), P&O Nedlloyd (2005) and Hamburg Süd (2017),” noted Alphaliner.
Source: Maritime Executive
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Customs
Customs complies with ministry’s directive, seeks alternative funding of its services after suspension of 4 percent FOB levy

Customs
FG orders Customs to suspend collection of 4 percent FOB levy

by the Nigeria Customs Service on all imported goods.“Following extensive consultations with industry stakeholders. trade experts, and relevant government officiais, it has become clear that the implementation of the 4% FOB charge poses significant challenges to the Nigerian trade facil tation, environment and economic stability.
“Many importers and businesses have raised concerns about the increased financial burden this levy imposes, with potential adverse effects on inflation, trade competitiveness, and the overall business Climate in Nigeria.
“This suspension will provide an opportunity for comprehensive stakeholder engagement and & thorough review of the levy’s framework and its broader economic implications .
“The Ministry of Finance looks forward to working closely with the Service and all relevant parties to devise a more equitable and efficient revenue structure that susports both revenue generation and economic growth and stability.
“Ensure strict compliance. ‘,the memo concluded.
Customs
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