MSC’s CEO, Soren Toft, expects global supply chains to become more fragmented, leading shippers to favor direct port calls over speed.
Speaking at the International Association of Ports and Harbors (IAPH) World Port Conference, Toft said supply chains are no longer concentrated in just a few countries or dependent on one or two major markets. Instead, they are becoming increasingly dispersed, necessitating broader port coverage across the network. Toft said the shift was not attributable to near-shoring.
MSC’s new 2025 service network with 1,900 direct port combinations are intended to serve clients seeking“…certainty of a direct destination call”, Toft said.
Toft also spoke of MSC’s significant investments in ports and terminals to drive efficiency across the whole network. Additionally, he urged the International Maritime Organization (IMO) to speed up global decarbonization regulations, emphasizing the need for consistency across regions.
Source: The Loadstar