Houthi attacks and sanctions have made global shipping routes increasingly unreliable. Up to 90% of Red Sea cargo rerouted around Cape of Good Hope. Northern Corridor shipping volumes down 51% in 2023
MSC Group operates in 155 countries with 830 vessels and 24.5 million TEUs annually. Group has 675 offices and 200,000 staff worldwide. MSC Cruises operates 25 vessels by 2027 with 4.1M guests. Explora Journeys launched in July 2023 with 6 ships planned by 2028