MSC joins Shipping Corp of India for weekly Europe service

by Dave

livemint.com

“With the introduction of the ISE service, MSC will now be offering a twice weekly direct sailing to all its customers both from north, west, south and east India to Europe and Mediterranean,” said Deepak Tewari, chief executive of MSC Agency (India) Pvt. Ltd, the Indian unit of MSC.

The cost of moving a standard cargo container from India to Europe has plunged almost 70% to $350 (Rs17,500) from about $1,200 in August, as the economic downturn slowed demand for goods to Europe.

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