MSC continues spending spree, launches air cargo arm

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MSC Air Cargo Aircraft Image

MSC Mediterranean Shipping Company SA (MSC) has started developing a new air cargo segment as a complementary service to its container shipping solutions.

MSC Air Cargo has been under development for several months and the new solution will be available from early 2023.

The news comes following the delivery of the first of four MSC-branded Boeing 777-200F aircraft that will be operated by Atlas Air, a subsidiary of Atlas Air Worldwide Holdings, Inc.

MSC has appointed Jannie Davel, formerly of Delta Cargo, Emirates SkyCargo and DHL to develop its air cargo business and to build the team that will implement it.

READ: MSC UK announces new rail service connecting Scotland with global trade routes

Commenting on the new initiative, MSC Chief Executive Officer Soren Toft said: “We are delighted to announce the development of MSC Air Cargo and to welcome Jannie Davel to spearhead this exciting new offering for MSC clients.

“This is our first step into this market and we plan to continue exploring various avenues to develop air cargo in a way that complements our core business of container shipping.”

Earlier this year MSC Group bought out Bolloré Africa Logistics based on an enterprise value of €5.7 billion ($6.4 billion).

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