Based on the information provided by IFR, Mediterranean Shipping Company (MSC), a privately owned shipping line engaged in worldwide container transport expressed interest in a Singapore listing for its global ports business.It is said that BNP Paribas, CLSA and Deutsche Bank have been entrusted with management of $1 billion worth deal. Even though the project is still in its opening stage, it could take the form of a business trust or Initial Public Offering (IPO).
The company’s principal activity is shipping, providing direct port calls to the 6 continents and a total of 335 ports worldwide, from Australia and New Zealand, Black Sea, Americas, Far and Middle East to Europe.
At the end of the first quarter of 2012 the company had 473 container vessels with 2,210,000TEU’s intake capacity.
MSC also owns and manages several ports.