Mediterranean Shipping Company
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| Industry | Shipping |
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| Founded | Naples, Italy, 1970 |
| Headquarters | Geneva, Switzerland |
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Area served
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Worldwide |
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Key people
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Diego Aponte, President and CEO |
| Services | Container Shipping and Logistics |
| Revenue |
 $28.19 billion (2015) |
| Profit |
$6.16 billion (2014) |
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Number of employees
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 28,000 (2014) |
| Subsidiaries | MSC Cruises |
| Website | www.MSC.com |
Mediterranean Shipping Company S.A. (MSC) is the world's second-largest shipping line in terms of container vessel capacity. As a private company it has no obligation to publish annual reports certified by independent parties; as a consequence, the data MSC releases about itself is not verifiable. As of the end of December 2014, MSC was operating 471 container vessels with an intake capacity of 2,435,000 twenty-foot equivalent units (TEU). The Geneva-headquartered company operates in all major ports of the world. MSC's most important port is Antwerp in Belgium. MSC Cruises is a division of the company focused on holiday cruises.
MSC was founded in Naples in 1970 as a private company by the seafarer Captain Gianluigi Aponte when he bought his first ship, Patricia, followed by Rafaela, with which Aponte began a shipping line operating between the Mediterranean and Somalia. The line subsequently expanded through the purchase of second-hand cargo ships. By 1977, the company operated services to northern Europe, Africa and the Indian Ocean. The expansion continued through the 1980s; by the end of the decade, MSC operated ships to North America and Australia.
In 1989, MSC purchased the cruise ship operator Lauro Lines, renamed to Mediterranean Shipping Cruises (MSC Cruises) in 1995, and subsequently increased the cruising business.
In 1994, the line ordered its first newly constructed ships, which were delivered beginning in 1996 with MSC Alexa. They were built by Italian shipbuilder, Fincantieri.
As of October 2014, Diego Aponte (son of MSC founder Gianluigi Aponte) was named president and chief executive of MSC, taking over from his father who was named group executive chairman. Gianluigi Aponte would continue to oversee all group related activities as well as supporting Diego in shaping the future of MSC.
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Wikipedia