Mediterranean Shipping Co (MSC)’s massive expansion in secondhand vessels, newbuilding and charter markets has proven unrelenting.

The world’s largest liner operators’ extraordinary secondhand purchase spree has already added around 250 vessels to its fleet in the past two years.

Factor in newbuildings and forward charter commitments, and it amounts to what one shipowner calls “the greatest bet in container shipping history”.

A seemingly remorseless expansion has included recent additions such as the 5,618-teu sisters Conti Canberra (renamed MSC Sydney VI), the 6,078-teu Conti Darwin (both built 1999), and the 2,702-teu X-Press Kangchenjunga (renamed MSC Aria III, built 2008).