Partnership between Secil Marítima and Mediterranean Shipping Company analysed by Angolan government

25 October 2013

A memorandum of understanding between Secil Marítima and the Mediterranean Shipping Company (MSC) with a view to re-launching Angola’s flagship shipping company was analysed Thursday by the government, according to a statement issued at the end of the Council of Ministers.

The statement said only that the economic commission of the Council of Ministers had analysed the memorandum, which sets out the basis for a strategic partnership to re-launch Angola’s flagship goods and passenger shipping company.

Secil Marítima replaced the former Linhas Marítimas de Angola (Angonave), with the intention of reducing the cost of shipping goods to the country, which is high compared to other countries in the region (Namibia, South Africa and Mozambique).

The Mediterranean Shipping Company, which was founded in 1970 and has its headquarters in Geneva, Switzerland, and is one of the world’s largest shipping companies, operating 474 ships and with a transport capacity of 2.3 million 20-foot equivalent units (TEUs). (macauhub)