Page 86 - KZN Top Busines Portfolio 2020/21
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MEDITERRANEAN SHIPPING COMPANY
                                       (MSC)











                                                         Captain Salvatore Sarno
                                      www.msc.com

       GROWTH THROUGH INNOVATION            meet the requirements of clients and principals.
                                            South African Investments
                                            MSC has significant investments in the South African
                                            property market, with instantly recognisable office
                                            buildings worth R265,967,000 in Durban, Cape Town,
                                            Port Elizabeth, Johannesburg and Pretoria. The Italian
                                            Village in Umhlanga Ridge was built to accommodate
                                            MSC’s overseas personnel and their families and
                                            comprises seven houses. Built in 1996, this complex is
                                            currently valued at R43 340,000.
                                            Technical Expertise
                                            MSC’s hugely successful technical division, which
                                            was expanded in 1998, operates a world class, full
                                            scale engine repair and maintenance facility, which
                                            is headed up by a team of highly trained Italian and
                                            South African technicians and has a staff complement
                                            of over one hundred members.
                                            Diversification
       The Mediterranean Shipping Company (MSC) has an   MSC has successfully diversified into the business
       innovative, flexible and unique approach to shipping   of container depots, most of which have custom
       that has allowed the company to grow significantly   bond facilities. These are situated in Durban,
       over the last fifty years. Founded in 1970, MSC is now   Cape Town, Johannesburg, Coega, East London and
       the biggest user of the South African ports and by 2003   Rosslyn, Pretoria. Rosslyn boasts its own rail siding
       was the second biggest container carrier in the world.   as facilitating clients’ access to their manufacturing
                                            plants, is a particularly critical issue for the motoring
       MSC has 493 offices in 155 countries with a team of   industry.
       70 000, dedicated fleet of 560 container vessels with
       an intake capacity of circa 3.1 million TEU. We have a   Social Responsibility
       global sailing schedule covering 200 trade routes and   From a socio economic perspective MSC mainly
       calling at more than 500 ports.      contributes to charities such as the Domino
                                            Foundation, Reach for a Dream and the upliftment
       MSC provides global coverage, linking South Africa
       directly with Europe, UK, USA, Asia, Middle East, India,   of the community of Umzimkhulu, which is one of the
       Pakistan, Far East, Australia, New Zealand as well as   poorest  and  highest  HIV  rates  in  the  country.  MSC
       the key ports of Africa’s West Coast, East Coast and   funds various schools and provides access to bursaries
       the Indian Ocean Islands, South America, Madagascar   to its employees’ children.
       and Mozambique. MSC’s dramatic growth over the   It has also established a training academy to upskill,
       past decade can be attributed to two things: the   train (at its own expense) and provide employment
       quality management system that aims at consistently   to black South Africans in the fields of hospitality and
       improving upon service levels within the shipping   maintenance and repair. This is a ten year project with
       community and MSC’s willingness to initiate change to   an investment of R102,000,000.

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