Major Suffolk employer MSC Mediterranean Shipping Company has signed a 10-year lease to occupy additional offices at 22-28, the Havens, just a stone's throw from its headquarters on Ransomes Europark, Ipswich.
The newly acquired 7,500 sq ft premises will provide MSC UK with extra office space as it continues to expand year-on-year from what was once a five-person operation in 1977 to employing more than 650 people today - making the UK's leading container shipping line one of the county's largest local employers.
The shipping line, formerly known as Medite Shipping Company, was established in 1977 by Roy Davies in Hull and later moved to Felixstowe in an effort to be closer to the UK's largest container port - before relocating to its purpose-built office in Ipswich in 1996 which remains its headquarters today.
Company employees were invited as part of a competition to put forward a name for the new building which recognises MSC's ambition to look ahead to the future.
Accompanying Medite House and MSC House which pays testament to its 41-year heritage, the new building will be known as Compass House.
Dan Everitt managing director of MSC UK said: "As a Suffolk boy myself, I'm delighted with the opportunity to extend our presence and commitment to East Anglia. We're so fortunate to be able to expand our headquarters and remain just 9 miles from the country's largest container port at Felixstowe - while continuing to operate the widest port range and unrivalled road and rail network across the UK.
"It's a really exciting time for MSC and we believe the new premises will meet our expansion plans for the foreseeable future; presenting further job opportunities and continuing our contribution to both the local economy and community."
Compass House, which contains two brand new meeting rooms, an 'innovation room', and opportunities for MSC staff to hot-desk, has the capacity to seat another 100 employees.
The space had been vacant for 18 months prior to MSC signing the lease and work with local contractors has been underway for some time to ensure it's ready for the first 40 employees who relocated into their new home on Monday September 2, 2019.
MSC is a privately-owned global shipping company, founded in 1970 by Gianluigi Aponte.
As one of the world's leading container shipping lines MSC operates 493 offices worldwide with more than 70,000 employees.
MSC's shipping line sails more than 200 trade routes, calling at mkore thana 500 ports.
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