Container-line MSC and terminal operator Peel Ports have created a joint venture to expand port capacity in Liverpool, U.K. The timing is somewhat surprising in coming so close to a potential “hard Brexit”, though the two have worked together since 2016 and port developments can take years to complete. Shipping activity through Liverpool expanded by 10.9% year over year in 2Q, in part due to new service offerings from MSC, and was well ahead of the total for all British ports which saw traffic drop by 6.8%. The impact of MSC’s new offerings can be seen in a 21.4% rise in shipping to the ...
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