THE MSC GROUP INTRODUCTION TO

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THE MSC GROUP INTRODUCTION TO
INTRODUCTION TO
THE MSC GROUP
THE MSC GROUP INTRODUCTION TO
INTRODUCTION TO
THE MSC GROUP
THE MSC GROUP INTRODUCTION TO
TABLE OF CONTENTS    04   A FAMILY COMPANY

 INTRODUCTION
                             06   A SHIPPING CONGLOMERATE
                             08   CREATING SUSTAINABLE VALUE
                             12   MSC FOUNDATION

    TO THE MSC              17
        GROUP
                                  CARGO DIVISION
                             18   MSC MEDITERRANEAN SHIPPING COMPANY
                             29   TiL
                             33   MEDLOG

                            39
                             41
                                  PASSENGER DIVISION
                                  MSC CRUISES
                             48   GNV
                             50   SNAV

                             54   CONTACTS
THE MSC GROUP INTRODUCTION TO
A MESSAGE FROM OUR FOUNDER

A FAMILY COMPANY
In a competitive marketplace, at a period of significant global change and
transition, the MSC Group is proud to be a truly unique world leader in
transportation. Despite our global presence and large-scale operations, the
MSC Group is, above all, a family company, sharing a common heritage
and strong values. Ours is a business built on a genuine passion for the
sea, on undeniable nautical heritage, and on an unfaltering commitment
to people and communities.
Today, recognised and respected as a global leader in container shipping,
we are pleased to acknowledge the roots which set us apart, and which
mean that our story has evolved from transporting foot passengers in
beautiful Naples, to becoming a single vessel cargo operation, to growing
into a 520-vessel business with offices in 155 countries. Our constant
                                                                                                         Capt. Gianluigi Aponte          Diego Aponte                        Alexa Aponte Vago
growth has seen MSC strategically and successfully manoeuvre into an                                             Group Chairman   Group President & CEO                Group Chief Financial Officer
increased portfolio of transportation solutions, not only at sea, but in rail,
road and terminal infrastructure.                                                Ours is a business
The MSC brand, which our customers have come to know today, is one
which spans a world leading position as a cargo carrier, receives respected
                                                                                 built on a genuine
acknowledgment as a terminal investor in some of the world’s busiest             passion for the
ports, is operator of award-winning luxury cruises, and is the provider
of numerous passenger ferries. MSC Cruises earns its reputation and
                                                                                 sea, on undeniable
trust everyday, thanks to the efforts of our many crew and staff members,        nautical heritage,
providing unparalleled holiday experiences to its guests.
People, naturally, remain at the heart of our business. Where care of our
                                                                                 and on an unfaltering
foot passengers was of the utmost priority decades ago in our Company’s          commitment to
humble beginnings, today, the same care and personal emphasis is
intrinsic in everything we do. It is embedded in the way we nurture our
                                                                                 people and
staff and their careers – on land and at sea – and in the way we relate          communities.
uniquely to every one of our individual or business customers.
MSC’s dedicated team of employees, throughout the world, are always
happy to share with you more information about our very unique story
and our exceptional breadth of services.
We look forward to supporting your commercial or personal journeys in
the years to come.

                                                                   Sincerely,
                                              Capt. Gianluigi Aponte

4          A FAMILY COMPANY                                                                                                                               INTRODUCTION TO THE MSC GROUP           5
THE MSC GROUP INTRODUCTION TO
CARGO DIVISION                PASSENGER DIVISION

                                                   THE MSC GROUP

                                                   A SHIPPING
                                                   CONGLOMERATE
                                                   Headquartered in Geneva, Switzerland, and privately owned, the
                                                   MSC Group is a global business engaged in the transport and
                                                   logistics sector. The Group encompasses a Cargo Division with
                                                   MSC Mediterranean Shipping Company (MSC), Terminal Investment
                                                   Limited (TiL), MEDLOG, and a Passenger Division led by MSC Cruises
                                                   and complemented by Mediterranean passenger ferries with Grandi Navi
                                                   Veloci (GNV) and SNAV.
                                                   The MSC Group was founded in 1970 by Captain Gianluigi Aponte in
                                                   Brussels, Belgium. Captain Aponte started the Company with one small
                                                   conventional ship, the MV Patricia. As containerisation took place and
                                                   the globalisation of the world economy evolved, MSC grew to become a
                                                   leader in global container shipping.
                                                   Alongside the success of the container shipping business, the Aponte
                                                   family sought to diversify the MSC Group, launching a highly successful
                                                   cruises, company, passenger ferries, and investing in port terminal
                                                   infrastructure. Today, the Group employs more than 70,000 people across
                                                   the globe.

6   A SHIPPING CONGLOMERATE                                                                             INTRODUCTION TO THE MSC GROUP   7
THE MSC GROUP INTRODUCTION TO
BUILDING THE FUTURE                                                                                                      Our values
CREATING SUSTAINABLE VALUE                                                                                               Our values shape our culture and define
                                                                                                                         the character of our Company.
                                                                                                                                                                                      WE ARE A
                                                                                                                                                                                      FAMILY
                                                                                                                                                                                                                                  WE HAVE
                                                                                                                                                                                                                                  PASSION
                                                                                                                                                                                      COMPANY
                                                                                                                         They guide how we behave and make
                                                                                                                         decisions, they influence recruitment of    The commitment of the founding              We are passionate about what we
The MSC Group is led by strong corporate values             Every year, MSC publishes its Sustainability Report
                                                                                                                         employees, and they are fundamental to      Family inspires us with dedication          do, we challenge ourselves
and by its own philosophy, built up from over four          as part of its commitment to the UNGC to submit a
                                                                                                                         our operations.                             and trust, increasing our sense             to achieve excellence, and
decades of our owner and founder’s expertise in the         “Communication on Progress (COP).” In our reports
                                                                                                                                                                     of belonging. Sharing the family’s          we are tenacious in overcoming
shipping sector, as well as his care for people and         we illustrate MSC’s contribution to the realisation of
                                                                                                                                                                     entrepreneurial spirit leads us to          obstacles. Working together with
the environment. Our long-term vision is to foster          the 2030 Agenda for Sustainable Development and its
                                                                                                                                                                     act proactively, courageously, and          passion and enthusiasm, we pro-
economic and social development by connecting               Sustainable Development Goals through case studies                                                       responsibly, in the best interest of        vide a unique experience for our
populations and countries as the Masters of the Sea.        and comprehensive explanations of initiatives related                                                    our customers and our Company.              customers.
                                                            to our four Sustainability Pillars.
In continuous evolution, the Group has been expanding
and diversifying its activities, while adapting to          For more information please visit:
emerging economic, social, and political developments       www.msc.com/sustainability                                                       WE ARE IN                                WE                                          WE BELIEVE IN
                                                                                                                                             CONTINUOUS                               CARE FOR                                    EQUAL
and megatrends that are impacting the international
                                                                                                                                             EVOLUTION                                PEOPLE                                      OPPORTUNITIES
shipping, transportation, and logistics sectors.            ISO Certifications
                                                            MSC’s commitment to compliance with ethical                     Our tradition, expertise,                We believe that each person brings          Our mission is to provide our
MSC is strongly committed to achieving economic             practices and international standards, as well as to            professionalism, and ambition            unique value.                               people with personal fulfillment and
performance while promoting ethical business                continuously improving existing environmental and               drive the Company’s fast and             We develop authentic relation-              enrichment.
throughout its value and supply chains. For this reason,    social processes and practices, is demonstrated by the          sustainable growth.                      ships built on ethics, respect, and         We are committed to sharing our
environmental and social considerations are equally         receipt of various ISO standards certifications and also        We strive for the most innovative        team spirit.                                knowledge, delivering training,
important to us and embedded in our decision-making         by recognised classification societies:                         solutions to embrace change,             We truly care about the satisfaction        and support enabling our people’s
process, investment models, and business strategies.                                                                        always respecting safety and the         and loyalty of our customers and            professional growth. We ensure fair
In line with our sustainability approach, we promote        • ISO 9001: 2015 Quality management system                      environment.                             employees.                                  opportunities providing long-term
responsible and sustainable practices throughout our          including risk management                                                                                                                          career development, embracing
                                                                                                                                                                                                                 diversity and valuing all cultures.
organisation and in our day-to-day operations, based        • ISO 14001 Environmental management
on good corporate governance, integrity, and care for       • ISO 50001: Energy management systems
the environment. These are reflected in the way we take     • OHSAS 18001: Occupational health & safety
decisions, interact with one another, and behave with our   • ISO 28000: Security management system for supply chain     We support the UN Sustainable
customers and stakeholders.                                                                                              Development Goals (UN SDGs)
                                                                                                                         We believe our approach to the business
                                                                                                                         and our values will help us contribute to
In addition, MSC has been a member of the UN Global
                                                                                                                         a more sustainable supply chain.
Compact (UNGC) since 2016 and strongly supports the                          DNV GL EXCELLENCE
UNGC’s values and its Ten Principles in the area of human                    5 STARS CERTIFICATION (2018-2021)
rights, labour, environment, and anti-corruption.                            MSC complies with the highest
                                                                             standards for the operation of container
MSC’s sustainability approach is based on four Pillars:                      carriers, car carriers, and bulk carriers
• Social Inclusion                                                           in the categories of fleet, management
                                                                             systems, safety & security, environment,
• Environment
                                                                             & efficiency.
• Occupational Health & Safety
• Business Ethics & Protection of Human Rights

8          CREATING SUSTAINABLE VALUE                                                                                                                                                                       INTRODUCTION TO THE MSC GROUP               9
THE MSC GROUP INTRODUCTION TO
HOW SHIPPING COMPARES
              BUILDING THE FUTURE
                                                                                                  WITH OTHER TRANSPORT METHODS
              MSC’S ENVIRONMENTAL                                                                 CO2 emissions by mode of transportation, CO2 g/km

              INITIATIVES                                                                         Source: 3rd IMO GHG Study 2014

              The MSC Group is continuously assessing the impact it may have on land,
              sea, and populations. The Group is investing extensively in the modernisation
              of port and terminal infrastructure to develop innovative transportation
              solutions, further expand its hinterland services and to become even more
              cost-efficient and environmentally sound. For instance, capacity utilisation,
              network optimisation, and efficiency are integral parts of MSC’s strategy
              to decrease CO2 emissions per cargo-ton/miles (expressed in ‘Energy
              Efficiency Operational Indicator’, EEOI). To reduce the fuel consumption of
              its fleet, MSC is enhancing and modernising vessels to achieve significant
              fuel reductions. For example, MSC estimates that container ship hull and                    Air: 560 g                          Road: 45 g         Rail: 18 g                      Sea: 3 g
              propeller cleaning alone have resulted in a saving of 55,000 tons of fuel, with
              a consequent emissions reduction of 179 million kg CO2. A comprehensive
              retrofit programme is also underway to optimise vessel performance. The
              EEOI chart opposite illustrates MSC’s success in improving the efficiency of        MSC FLEET CARBON EMISSIONS 2015-2018
              the cargo fleet. Compared to 2015, our EEOI has improved by 17.52%. In              EEOI = GR CO2/(TONS CARGO/MILES)
              addition, we are investing in larger, more efficient, greener ships featuring the
              latest in low emissions technology. In October 2017, MSC placed an order for                    16,65
                                                                                                  17.0
              11 new 23,000+ TEU vessels (Ultra Large Container Vessels – ULCVs), setting
              a record for the world’s largest container capacity. These ULCVs are already
                                                                                                  16.5
              coming into service and will replace smaller vessels, driving further efficiency
              gains at MSC.                                                                       16.0
              Our Cruise Division is also a leader in development and deployment
              of environmental technology and operations including in the areas of:               15.5
                                                                                                                                                   15,55
              wastewater treatment, solid waste management, and air emissions reduction.
                                                                                                  15.0

                                                                                                                                                                       14,80
                                                                                                  14.5
                                                                                                                                                                                                          14,56
                                                                                                  14.0

                                                                                                  13.5
                                                                                                               2015

                                                                                                  EEOI definition                                     2016
                                                                                                  In its most simple form the Energy Efficiency Operational             2017                                2018
                                                                                                  Indicator is defined as the ratio of mass of CO2 (M) emitted
                                                                                                  per unit of transport work:

                                                                                                  Indicator = MCO2 / (transport work)
                                                                                                  EEOI = gr CO2 / (Tons cargo / Miles)

                                                                                                  Source: IMO (International Maritime Organization)

10   CREATING SUSTAINABLE VALUE                                                                                                                                           INTRODUCTION TO THE MSC GROUP            11
THE MSC GROUP INTRODUCTION TO
BUILDING THE FUTURE

              MSC FOUNDATION                                                                   “The MSC Foundation       Our Vision:                               Our Mission:

                                                                                               is motivated by           “TO RESTORE THE CRITICAL                  “TO UTILISE MSC’S GLOBAL
              The MSC Group’s values have been expressed in substantial long-term
              partnerships over the years that actively engage in achieving positive change.
                                                                                               a deep sense of           BALANCE BETWEEN PEOPLE
                                                                                                                         AND NATURE WITHIN A
                                                                                                                                                                   REACH AND UNIQUE
                                                                                                                                                                   KNOWLEDGE OF THE SEA
              The MSC Foundation was established as a private non-profit foundation in 2018    responsibility for        GENERATION.”                              TO TAKE IMMEDIATE ACTION
                                                                                                                                                                   THAT CONTRIBUTES
              to lead, focus, and advance these conservation, humanitarian, and cultural
              commitments.
                                                                                               the planet and its        Working with a long-term                  TO PROTECTING AND

                                                                                               resources, particularly   perspective and engaging the
                                                                                                                         MSC Group’s international
                                                                                                                                                                   NURTURING THE BLUE PLANET
                                                                                                                                                                   AND ALL ITS PEOPLE.”
              The Foundation designs and implements interventions focused on the
              environment and marine environment, on social and health care, research and
                                                                                               the seas and oceans,      network, the MSC Foundation
                                                                                                                         partners with international bodies        Our ship logo speaks for the entire
              education, art and culture, and to support the most vulnerable populations. It   aware that we all         with established reputations and          MSC Group as Masters of the Sea,
              also contributes to guiding and complementing the MSC Group’s commitment
              to constant development and the sustainability of its business.
                                                                                               have a duty to leave      proven expertise, public and
                                                                                                                         private bodies, and government
                                                                                                                                                                   while encapsulating the
                                                                                                                                                                   MSC Foundation’s vision and
                                                                                               a better world for our    and non-governmental                      mission in a unique origami
                                                                                                                         organisations. These partnerships
                                                                                               future generations.”      strive to generate measurable and
                                                                                                                                                                   paper boat design that conveys
                                                                                                                                                                   the fragility of the oceans and our
                                                                                                                         sustainable social change through         focus on children as the future.
                                                                                                                         programmes conceived to
                                                                                                                         conserve the “blue planet” (seas,
                                                                                                                         rivers, and biodiversity) and to
                                                                                                                         support the most disadvantaged
                                                                                                                         and vulnerable communities, in
                                                                                                                         particular those with links to the
                                                                                                                         maritime economy.

12   MSC FOUNDATION                                                                                                                                           INTRODUCTION TO THE MSC GROUP              13
THE MSC GROUP INTRODUCTION TO
© UNICEF/MLIA2012-00018/Dicko                                                                                                                  © Mercy Ships

                                Andrea Bocelli Foundation                                                    Marevivo                                      Marine Restoration Programme                                      Genoa Sea Park Project

MSC FOUNDATION PARTNERS
AND PROGRAMMES

• UNICEF                                                    • Andrea Bocelli Foundation                                       • Mercy Ships                                                • Emergency Response in Italy
  One of our longest partnerships, with voluntary             Our close partnership with the Andrea Bocelli Foundation          We are a long-standing supporter of Mercy Ships,             With the roots of the MSC business in Italy, we have
  MSC Cruises guest donations of over €10m saving             includes exclusive support for its mobile clinic programme,       providing financial support for the many thousands           supported numerous local emergency response
  more than 100,000 children’s lives, combating               which provides regular healthcare for 8,049 people in             of life-changing surgical operations performed on its        projects ranging from the restoration of historic
  malaria in Africa, and supporting the education of          Haiti’s poorest and most remote communities.                      floating hospital in Africa, crewed and staffed entirely     buildings to the donation of goods and funds to
  vulnerable children and adolescents in Brazil. Most                                                                           by volunteers.                                               hospitals and educational facilities. Most recently,
  recently, an innovative programme in Ivory Coast          • Marevivo                                                                                                                       MSC organised a large musical fundraising event in
  is recycling 880,000 kg of plastic waste, taking 66         We work with the Italian marine conservation                    • Marine Restoration                                           Genoa to assist the communities impacted by the
  women waste collectors out of poverty per year while        organisation Marevivo to raise awareness of the plight            The MSC Foundation and conservation expert                   collapse of the Morandi Bridge in 2018.
  making the plastic into innovative bricks to build 152      of our seas, including in a joint project ‘Nautici in Blu’ to     partners are engaged in the protection and restoration
  much-needed modern classrooms, which will enable            support the training of nautical school students in Italy,        of 64 square miles of marine waters and ecosystems
  a further 8,360 children to go to school.                   with a focus on environmental protection and marine               near Bimini in the Bahamas, adjacent to the new MSC
                                                              sustainability.                                                   destination of Ocean Cay.

14         CREATING
           MSC FOUNDATION
                    SUSTAINABLE VALUE                                                                                                                                                                       INTRODUCTION TO THE MSC GROUP             15
THE MSC GROUP INTRODUCTION TO
MSC container terminal in Valencia, Spain

                                            CARGO DIVISION

16           CARGO DIVISION                   INTRODUCTION TO THE MSC GROUP   17
MSC MEDITERRANEAN
SHIPPING COMPANY
Founded by Captain Gianluigi Aponte, MSC
Mediterranean Shipping Company (MSC) has been
headquartered in Geneva, Switzerland, since 1978. A
world leader in container shipping, MSC has evolved
from a one-vessel operation into a globally respected
logistics business with 520 vessels and 47,000 staff.
MSC’s wide range of operations covers 155 countries
across five continents, where MSC provides timely
delivery of goods and services to local communities,
customers, and international business partners.
The Company’s international headquarters supervise
a worldwide network of offices with each having
responsibility for commercial and operational activities
in their respective countries.
Over the years, MSC has invested in several initiatives,
such as operational strategic alliances, and has further
diversified its business-related activities. The Company
has seen exponential growth in terms of both volume
and fleet capacity, and now serves millions of
customers globally, with a 365 days a year operation.
Today, our focus remains true to our roots, building
and retaining long-term trusted partnerships with
customers of all size and scale.

                 KEY NUMBERS
                 • 493 offices
                 • 47,000 employees
                 • Operations in 155 countries
                    across 5 continents
                 • 520 vessels with total intake
                    capacity of 3.5 million TEU
                 • Calling at 500 ports on
                    200 trade routes
                 • 21 million TEU carried annually

                 www.msc.com

18         CARGO DIVISION                                  INTRODUCTION TO THE MSC GROUP   19
A MODERN, GREEN FLEET

                                                                                                                                         MSC operates one of the youngest fleets in the world. It represents a
                                                                                                                                         massive financial investment in modern, efficient, and environmentally
                                                                                                                                         friendly vessels. MSC invests in new technologies, systems, and processes
                                                                                                                                         with the aim of continuously improving the environmental performance
                                                                                                                                         and energy efficiency of its fleet.

                                                                                                                                         In January 2015, MSC introduced its flagship ‘Oscar Class’ (19,224 TEU)
                                                                                                                                         and in August 2019, the ‘Gülsün Class’ (23,756 TEU). These vessels set new
                                                                                                                                         records and became the world’s largest container ship at the time. One
                                                                                                                                         reason for continuing to invest in bigger ships is to increase efficiency by
                                                                                                                                         reducing the energy needed to transport each container, lowering both
                                                                                                                                         costs and CO2 emissions and improving profitability. This helps to protect
                                                                                                                                         the environment and ensures MSC is ahead of the curve in meeting new
                                                                                                                                         regulatory requirements.

                                                                                                                                         As well as bringing in newer vessels MSC has also been upgrading the
                                                                                                                                         fleet of owned and operated ships to the latest standards of safety and fuel
                                                                                                                                         efficiency in a programme that started in 2011, considerably reducing CO2
                                                                                                                                         emissions. More than 250 ships have been retrofitted with energy-saving
                                                                                                                                         technologies.

                                                                                                                                         For further information, please refer to our sustainability reports on
                                                                                                                                         www.msc.com/sustainability.

1970                         1984                           1996                2001                                 2005                     2008                      2015 – 2017                2019–2020

 Patricia                     Alexandra                      MSC Alexa           MSC Flaminia                         MSC Pamela                 MSC Daniela              MSC Oscar                 MSC Gülsün
 78m                          650 TEU | 150m                 3,300 TEU | 244m    6,800 TEU | 300m                     9,400 TEU | 336m           14,000 TEU | 366m        19,224 TEU | 395m         23,756 TEU I 399.9m
 (Containers not used yet)    First full container vessel    First newbuild      First post-Panamax built in Korea                                                        20 Oscar Class vessels    11 Gülsün Class vessels will be delivered
                                                             ordered by MSC                                                                                               in service                in 2019 and 2020
                                                             to Fincantieri

                                                             MSC Rafaela

20          CARGO DIVISION                                                                                                                                                                         INTRODUCTION TO THE MSC GROUP                21
WE NOT ONLY TRANSPORT GOODS,
WE CONNECT PEOPLE AND CONTINENTS

Since the beginning of its operations, MSC has              We view all our engagements as part of a long and
contributed to global economic growth and to                mutually successful business relationship. We ask
the development of international trade. Our own             the right questions, provide pertinent trade and
interpretation of shipping operations is to bring our       geographical insights, ensure we have truly understood
vessels where there is a need for our services. We          our customers’ personal ambitions, and always
continuously change our routes and create new lines         seek – and act upon – their invaluable feedback.
to serve people on all continents.                          MSC is proud to be a stable and reliable partner in the
Over almost 50 years, MSC has gone beyond the               journey of thousands of businesses globally.
port, developing an integrated network of road and
rail solutions across the world, connecting remote          Our services
areas and expanding inland infrastructures. We offer        • Award-winning customer service
door-to-door services and provide cargo-related             • Trade services                                                                          MSC Warehouse dedicated
businesses including depots and logistics services          • Global port range                                       Project Cargo                           to cocoa storage

such as warehouses and maintenance & repair of              • Dry cargo
containers (M&R), contributing to the development of        • Reefer cargo                                                                             Depot of reefer containers
shipping-related industries in Africa, Latin America, and   • Project cargo
Asia.                                                       • Intermodal – Inland transport services
Every element of our transportation resource is             • Warehousing & storage solutions
complemented by industry specific expertise, enabling       • Customs clearance
customers to understand areas such as breakbulk,            • Container services
reefer transport, or issues such as hazardous cargo.
At MSC, we pride ourselves on offering a global service
with local knowledge. Our customers can rely on
our in-depth understanding of the local markets, the
dynamics of specific trades, and any factors affecting
the transit of cargoes.

22         CARGO DIVISION                                                                                                             INTRODUCTION TO THE MSC GROUP           23
Rail services in Belgium                             Container Depot

     MSC truck in Argentina                            Container Services

24             CARGO DIVISION   INTRODUCTION TO THE MSC GROUP         25
MSC SHIPMANAGEMENT
The technical management of MSC’s vessels and crew           In addition, MSC Shipmanagement received the DNV
management are handled by MSC Shipmanagement                 GL Excellence 5 Stars Certification (2018-2021) stating
technical offices, respectively located in Limassol,         its compliance with high state-of-the art standards for
Cyprus and Sorrento, Italy. The technical management         the operation of container carriers, car carriers, and
of the ship includes the procurement of stores and spare     bulk carriers in the categories of fleet, management
parts, vessel maintenance, daily monitoring of vessel        systems, safety & security, environment, & efficiency.
performance in terms of fuel efficiency, vessel condition
assessment and upgrade, dry-dockings and retrofit
projects, classification and regulatory compliance,
assistance on insurance cases, optimisation of new
and existing vessels design for cargo handling and
fuel efficiency, research and new building vessels
supervision, research, design, and construction.
                                                                                                                        Various seminars for officers
The Company also manages crew training centres in                                                                       and crew are conducted
India, Ukraine, Italy, and Montenegro. Over 14,000                                                                      periodically as well as training
                                                                              AWARDS                                    on ship handling simulators.
seafarers are employed by MSC Shipmanagement.
                                                                              MSC Shipmanagement is an employer
                                                                              of choice and has received numerous
Key activities include
                                                                              awards from both governmental and
• Crew recruitment and selection
                                                                              non-governmental organisations in
• Crew training and professional development
                                                                              less than 10 years of its operations
• Crew and shore staff leadership development
                                                                              including:
• Technical management
                                                                              • Green Company of the year award
• Quality & Safety Management
                                                                                in India and Ukraine
• Environmental compliance
                                                                              • 5 years in a row, Best Ship Manager
• Life Cycle Management of the ships
                                                                                award in India
• Development of best practices for all activity
                                                                              • 3 years in a row Best Ship Manager
  areas in collaboration with the industry
                                                                                award in Ukraine
                                                                              • Awarded Best Foreign Employer
ISO Certifications
                                                                                of the Indian Seafarer from the
MSC Shipmanagement is one of the few companies
                                                                                government of India three times
whose entire operated fleet and shore office is accredited
                                                                              • Best Cadet Training Programme
with ISO 9001 (Quality management), ISO 14001
                                                                                in Ukraine
(Environment management certification), ISO 50001
                                                                              • Award for Shipping Sector
(Energy management system certification) and OSHAS
                                                                                in Cyprus for the largest owned ship
18001 (Occupational health & safety).
                                                                                management company and for
Since 2015, the Company has followed the guidance
                                                                                creating a large number of local jobs
provided by ISO 26000 on Social Responsibility to
                                                                              • Shipping Industry Award 2017 from
further improve and implement socially responsible
                                                                                the President of Cyprus
processes and behaviours throughout the organisation
                                                                              • Seafarer of the Year Award at
and in its business practices.
                                                                                Crewconnect Global Manila 2018

                                                                                                                                                           Promoting health & safety on board our vessels

26         CARGO DIVISION                                                                                                                                      INTRODUCTION TO THE MSC GROUP                27
Antwerp Terminal,
Belgium

                             CARGO DIVISION

28          CARGO DIVISION    INTRODUCTION TO THE MSC GROUP   29
TiL
TERMINAL INVESTMENT LIMITED
MSC’s subsidiary TiL is one of the world’s largest
and most geographically diverse container terminal
managing investors, with 56 terminals handling over 34
million moves (53 million TEUs) per year, for both TiL and
MSC terminals.
TiL and MSC’s investments in container terminals around
the world allow customers to benefit from priority
capacity for MSC’s vessels. Active in 29 countries across
five continents, with highly strategic assets located in key
gateways for global trade, TiL enjoys a presence at seven
of the world’s 25 busiest ports by volume. The company
has sizeable market shares in Antwerp, Singapore, Long
Beach, Ningbo, Newark, Bremerhaven, and Rotterdam.
TiL also invests in Greenfield Terminal Development. For
instance, Brasil Terminal Portuário (BTP) provides MSC
with terminal capacity in Santos, the largest container
port in Brazil and Latin America. Lomé Container Terminal
(LCT), a greenfield 2M TEU terminal development,
provides large container vessel transshipment and local
cargo capacity to MSC, thereby improving the efficiency
of the trade routes to West Africa.

                                                                                                   OUR TERMINALS

                                                                                                   Argentina       Chile          Ashdod          Lithuania      St. Petersburg         United Arab Emirates
                                                               OUR SERVICES
                                                                                                   Buenos Aires    Valparaiso     Italy           Klaipeda       Saudi Arabia           Abu Dhabi
                                                               • One of the largest terminal
                                                                                                   Bahamas         China          Ancona          Morocco        King Abdullah          United Kingdom
                                                                 investors and operators
                                                                                                   Freeport        Ningbo         Civitavecchia   Tangier        Singapore              Liverpool*
                                                               • Investments in 56 container
                                                                                                   Belgium         France         Genoa           Netherlands    Spain                  USA
                                                                 terminals
                                                                                                   Antwerp         Fos-sur-Mer    Gioia Tauro     Rotterdam      Bilbao                 Freeport (TX)
                                                               • Over 34 million moves per year,
                                                                                                   Brazil          Le Havre (2)   La Spezia       Nigeria        Las Palmas             Houston
                                                                 for both TiL and MSC terminals
                                                                                                   Navegantes      Germany        Leghorn         Tin Can (2)    Valencia               Long Beach (TTI)
                                                               • Active in 29 countries
                                                                                                   Rio             Bremerhaven    Naples          Panama         Togo                   Newark
                                                                 across 5 continents
                                                                                                   Santos          India          Ravenna         Peru           Lomé                   New Orleans
                                                               • Present at 7 of the world’s
                                                                                                   Cameroon        Mundra         Trieste         Callao         Turkey                 Port Everglades
                                                                 25 busiest ports
                                                                                                   Douala*         Iraq           Venice          Portugal       Asyaport               Seattle (TTI)
                                                                                                   Canada          Umm Qasr       Ivory Coast     Sines          Iskenderun
                                                               www.tilgroup.com
                                                                                                   Montreal (2)    Israel         San Pedro       Russia         Marport

     LCT, Togo
                                                                                                                                                                                  *pending local approvals

30               CARGO DIVISION                                                                                                                                 INTRODUCTION TO THE MSC GROUP             31
Truck transportation services

                                CARGO DIVISION

32           CARGO DIVISION       INTRODUCTION TO THE MSC GROUP   33
MEDLOG
TRANSPORT & LOGISTICS                                                                                                                                                                             KEY NUMBERS
                                                                                                                                                                                                  Transportation
MEDLOG is the logistics arm of MSC offering a                                                                                                                                                     • 5,000 trucks
one-stop-shop for global inland solutions supporting the                                                                                                                                          • 10,000 trailers
ever-growing customer base.                                                                                                                                                                       • 4,200 rail wagons
As one of the world’s geographically widest logistics and                                                                                                                                         • 74 locomotives
supply chain provider, MEDLOG continues its tremendous                                                                                                                                            • 3.5 million TEUs and 5 million tons
growth focusing on investment in its own assets, such                                                                                                                                               breakbulk cargo carried by train
as inland logistics platforms, warehouses, trucks,                                                                                                                                                • 18 barges
locomotives, barges, all strategically located, facilitating
logistics efficiency for the benefit of our customers.                                                                                                                                            Logistics
With a presence in over 70 countries and over                                                                                                                                                     • 150 operating yards (6 million sqm;
12.5 milllion TEU handled, MEDLOG guarantees door-to-                                                                                                                                               1 million TEUs stacking capacity;
door tailored solutions as well as large off-docks storage                                                                                                                                          12.5 million TEUs yearly throughput)
facilities supported by a team that provides a leading                                                                                                                                                - 75 depot yards (empty containers)
service, by prioritising the combination of “human touch”                                                                                                                                             - 50 off-dock terminals
and digitalisation thus facilitating the trade and                                                                                                                                                     (full and empty containers)
transportation of goods with integrity.                                                                                                                                                               - 15 bonded dry ports
                                                                                                                                                                                                       (full containers)
                                                                                                                                                                                                      - 10 inland rail terminals
                                                                                                                                                                                                  • 630 container lifting equipment
                                                                                                                                                                                                  • Over 45 warehouses (incl.
                                                                                                                                                                                                    refrigerated; 578,000 sqm)
                                                                                                                                                                                                  • Over 2,500 Genset generators

WHY MEDLOG?

Coverage                                  Flexibility                           Control
Deep expertise in the logistics field     Intermodal transport, integrated      Offices network and software        COLLATERAL MANAGEMENT
across the globe in more than 400         and customised storage solutions      systems enabling real-time infor-   MEDLOG is now offering Collateral       The company is launching the
sites connecting ports and inland                                               mation, immediate follow-up of      Management to complement                service in the African continent
locations                                                                       ongoing operations, extensive and   MSC’s door-to-door solutions. This      and is focusing initially on packed
                                                                                wide range of reporting options     tailor-made service will be available   soft commodities. Bulk cargoes
                                                                                                                    for both MEDLOG and third-party         will be processed in a second
                                                                                                                    warehouses. It includes warehouse       phase. MEDLOG experts remain
Experience                                Capacity                              Sustainable approach                receipts and multimodal bills of        nevertheless available to provide
Qualified and trained staff following     Significant owned inland logistics    Committed to environmental prin-    lading, with the aim of protecting      such services in other regions of
the company’s standard proced-            infrastructures and fleet, licensed   ciples and regulations to reduce    lenders’ interests.                     the world.
ures, efficient processes, and fast       and equipped with GPS, allowing       footprint, road congestion, and
connections                               daily planned connections as well     fatalities
                                          as extra moves

34         CARGO DIVISION                                                                                                                                                                         INTRODUCTION TO THE MSC GROUP             35
Rail transportation services     Barge transportation services                                           Off-dock storage

MEDLOG SERVICES

Transportation by truck/rail/barge    Off-dock storage                           Warehouses and distribution                    Depot yards                            Contract logistics                     Customs clearance

Door-to-door customer-tailored        Accessible logistic platforms where        Fully integrated system to provide             Maintenance and repair of containers   Shipments organisation for all type    Paperwork services for prompt and
transport services operating both     containers and commodities can be          d a i l y s t o ck m o n i t o r i n g a n d   to meet specific requirements and      of customers, ensuring safe delivery   transparent procedures, ensuring
our own and subcontracted fleets.     returned or picked up to avoid the         collateral management reports.                 time constraints.                      of goods from the production area      compliance with local regulations.
Continually investing in assets       congested port area. Including fully       Focussing on adequate structures                                                      to the final destination.
to better serve our customers         bonded storage facilities, customs         to guarantee safety and security.
and offer full coverage of inland     procedures management, container
transportation solutions to connect   stuffing and unstuffing, as well as                                                       Project cargo                          Reefer services                        Ship consignment
marine terminals to inland yards.     pre-stacking and cross-docking
Additional services include           operations.                                                                               Specialised equipment and experi-      Continual investment in refrigerated   Port of call consignment coordination
domestic deliveries.                                                                                                            enced staff to handle breakbulk and    warehouses in addition to plugging     for all Con-Ro, Ro-Ro, and breakbulk
                                                                                                                                out-of-gauge cargo.                    stations, containers monitoring,       vessels.
                                                                                                                                                                       and pre-trip inspections.

                                                                    Reefer services      Depot yards                                                             Warehouses and distribution

36                                                                                                                                                                                                                                              37
MSC Grandiosa

                               PASSENGER DIVISION

38        PASSENGER DIVISION       INTRODUCTION TO THE MSC GROUP   39
KEY FIGURES
                                                                                                                                                                                                                                • 17 modern and technologically
                                                                                                                                                                                                                                    advanced ships – by end of
                                                                                                                                                                                                                                    October 2019
                                                                                                                                                                                                                                • 2.4 million guests and 170 nationalities
                                                                                                                                                                                                                                    welcomed on board in 2018

 MSC CRUISES                                                                                                                                                                                                                    • 30,523 employees on board and ashore
                                                                                                                                                                                                                                • Capacity to reach over 5.5 million
 CREATING THE ULTIMATE HOLIDAY
                                                                                                                                                                                                                                    passengers annually by 2027
 EXPERIENCE AT SEA
                                                                                                                                                                                                                                www.msccruises.com
 MSC Cruises is the world’s largest privately owned            The Company is also set to develop an additional
 cruise company and the number one cruise line in              ultra-luxury class of cruise ships, with yet more ground-
 Europe, South America, South Africa, and the Gulf. A          breaking options for guest comfort. By the end of
 game-changer in the world of cruises, the Company             October 2019, the MSC Cruises fleet will comprise 17
 has achieved 800% growth in its first ten years,              ultra-modern, highly innovative and elegantly designed
 building a global reputation in the industry, and is one      ships, offering an unparalleled holiday experience.
 of the youngest cruise fleets at sea. MSC Cruises is          MSC Cruises feels a deep responsibility towards
 headquartered in Geneva, Switzerland.                         the physical and human environments in which
                                                               it operates and its ships are fitted with the latest
 To date, MSC Cruises has designed six new highly              environmental features and maritime technology.
 innovative ship classes, all prototypes that push             The Company operates with the greatest respect
 the boundaries of marine architecture and design.             for the world’s oceans and is on an ongoing journey
                                                               to further develop innovative ways of lowering
                                                               the environmental impact of its cruise passages,

 EUR 13.6 billion                                              from improving air quality from ship emissions, to
                                                               advanced wastewater treatment, to comprehensive
 investment plan:                                              and coherent waste and garbage management.

 MSC Cruises is the cruise line with
                                                               MSC Cruises’ holiday experiences are sold in
 the highest number of cruise ships
                                                               81 countries across the globe. The Company employs
 on order worldwide. The fleet is set                                                                                                                                                                                                                            MSC Seaside
                                                               over 30,523 people worldwide, both ashore and on
 to expand to 29 cruise ships by 2027.
                                                               board its ships.

 2003         2004         2005          2006      2007         2008         2009         2010         2012       2013        2017         2018      2019           2020          2021        2022           2023           2024        2025          2026         2027

  MSC          MSC           MSC          MSC      MSC            MSC         MSC          MSC         MSC         MSC        MSC          MSC        MSC           MSC           MSC         Seaside        Meraviglia-    World         World       Luxury        World
  Lirica*      Opera*        Sinfonia*    Musica   Orchestra      Poesia      Splendida    Magnifica   Divina      Preziosa   Meraviglia   Seaview    Bellissima    Virtuosa      Seashore    EVO Class II   Plus Class V   Class II      Class III   Class IV      Class IV
                                                                                                                              Meraviglia   Seaside    Meraviglia    Meraviglia-   Seaside
               MSC                                                MSC
                                                                                                                              Class        Class      Class         Plus Class    EVO Class
               Armonia*                                           Fantasia
                                                                                                                                                                                              World          Luxury         Luxury        Luxury
                                                                                                                              MSC
                                                                                                                                                                                              Class I        Class I        Class II      Class III
                                                                                                                              Seaside
* These four cruise ships were renewed                                                                                                                MSC
                                                                                                                              Seaside
 and enlarged in 2014 and 2015 as part of the                                                                                                         Grandiosa
                                                                                                                              Class
 EUR 200 million Renaissance Programme                                                                                                                Meraviglia-
                                                                                                                                                      Plus Class

 40          PASSENGER DIVISION                                                                                                                                                                                                  INTRODUCTION TO THE MSC GROUP               41
A JOURNEY OF DISCOVERY

Exploring the world’s most attractive destinations
Visiting an array of 211 exciting destinations all over
the world, MSC Cruises carefully crafts each itinerary                                                                                  KEY FIGURES
to showcase the best of the region and ensure the                                                                                       • 81 countries in which MSC Cruises
ultimate holiday experience. Holidaymakers can                                                                                            holidays are sold
choose among five continents, four seasons, and a rich                                                                                  • 211 itineraries offered worldwide
selection of cities, beaches, nature reserves, cultures                                                                                 • 3,845 port calls
and landmarks.

The Company sails year-round in the Mediterranean
and the Caribbean, including Cuba, and of fers
seasonal itineraries in northern Europe, the Atlantic
Ocean, the French Antilles, South America, southern
Africa, and the Gulf.

MSC Cruises provides exclusive access to some of
the most beautiful and remote beach destinations in
the world, and will offer guests by November 2019 the
possibility to discover pristine islands such as Ocean Cay                                                      NORTHERN EUROPE
MSC Marine Reserve, a former industrial site which is
being restored to its original state in partnership with
                                                                             UNITED STATES
environmental experts, marine scientists, the Bahamian                        & CANADA
Environmental Agency and other similar entities. Works
are ongoing and the island will soon be open for MSC                                                                                           CHINA & JAPAN
Cruises guests who want to have a unique Caribbean
cruise experience.

MSC Cruises’ holiday products are sold across the                                            MEDITERRANEAN
globe through a distribution network that includes a
direct presence in 69 countries. MSC Cruises’ holidays       CARIBBEAN
are sold in 81 countries.
                                                             & ANTILLES
                                                                                                                     DUBAI, ABU DHABI
                                                                                                                      & SIR BANI YAS

                                                                                                                                                       MSC WORLD CRUISE

                                                                          SOUTH AMERICA
               MSC GRAND VOYAGES
                                                                                                 SOUTH AFRICA

42         PASSENGER DIVISION                                                                                                           INTRODUCTION TO THE MSC GROUP         43
INNOVATION AND TECHNOLOGY
                                                                                                                    Creating the guest experience of tomorrow

UNPARALLELED EXCELLENCE                                                                                             MSC Cruises has one of the youngest       events, make dining arrangements,
IN HOSPITALITY                                                                                                      fleets at sea and is in the process of    book excursions, and even locate their
                                                                                                                    further equipping its ships with the      children on board the ship. As part of
Taking holiday experiences to new heights                    Many of its cruise ships are ranked among the best     latest advances in customer-centric       our digital innovation platform MSC for
MSC Cruises embodies the elegant side of the                 in the world and throughout its history, the Company   technology. To meet the needs of          Me, the Company rolled out ‘Zoe’ on
Mediterranean to create unique and unforgettable             has been honoured with numerous awards globally,       guests for the years to come, the         MSC Bellissima. Zoe is the world’s first
emotions for guests, through discovery of the world’s        recognising the exceptional experience guests can      Company works with the world’s            digital personal assistant on a cruise
cultures, beauties, and tastes.                              expect on board its ships.                             leading technology experts to develop     ship and is a voice-enabled artificial
The key distinguishing elements of the MSC Cruises           MSC Cruises translates its passion for the sea         richer holiday experiences. Guests can    intelligence device fitted in every cabin.
experience include highly innovative ships, comfortable      into a commitment to excellence in hospitality,        easily connect with the crew and the      The device has been custom-designed
accommodation, always delicious and authentic food,          professionalism, dedication, and mastery of every      ship to better manage their trip, join    for an even greater cruise experience.
award-winning entertainment, plenty of relaxation as         single detail to ensure the satisfaction of each and
well as impeccable service, expertise, and elegant design.   every guest.

44         PASSENGER DIVISION                                                                                                                                INTRODUCTION TO THE MSC GROUP                 45
DELIVERING EXCEPTIONAL                                                                                             MSC YACHT CLUB
EXPERIENCES IN SUMPTUOUS
SURROUNDINGS

Over a decade ago, MSC Cruises launched an                innovative design as well as introduce ground-breaking
award-winning luxury concept: the MSC Yacht Club.         options for guest comfort and relaxation. This will
This separate section of the ship combines the high-      go hand in hand with featuring the best and latest
end luxury of a private yacht with the convenience        environmental technology and other cutting-edge
and wide range of choices of a modern cruise ship,        maritime solutions at sea.
providing an unparalleled holiday experience.

Guests in the MSC Yacht Club can enjoy benefits
including superior cabins, inclusive fares, 24/7 butler
and concierge service, access to exclusive dining, a
private pool, whirlpool baths and solarium facilities,
private elevators, and priority check-in.

MSC Cruises will be taking its luxury offering up
a notch. As of 2023 onwards, MSC Cruises will be
deploying dedicated ultra-luxury cruise ships which
will be able to offer unique itineraries, thanks to
their specific dimensions. They will showcase highly

46        PASSENGER DIVISION                                                                                                        INTRODUCTION TO THE MSC GROUP   47
Genoa

                               Sète

                                                           Civitavecchia
                       Barcelona             Olbia                             Durrës
                                                              Naples
                                                                       Bari
                                      P.Torres

                                                         Palermo
                                                                   T.Imerese

                                                 Tunis
     Tangier
               Nador

               GNV
               ROPAX DIVISION

               Established in 1992, GNV (Grandi Navi Veloci) is
               one of the leading European shipping companies
               operating in the fields of coastal navigation, cargo,
               and passenger transport in the Mediterranean Sea
               with a fleet of 15 ships.
               The company operates on 11 international routes
               and seven national routes between Italy (including
               Sardinia and Sicily), Tunisia, Morocco, Spain, France,
               Albania, and Malta.
               Destinations include: Genoa, Civitavecchia, Naples,
               Palermo, Termini Imerese, Olbia, Porto Torres,
               Barcelona, Tunis, Tangier, Nador, Sète, Bari, Durrës,
               and Malta.
               In 2018, Grandi Navi Veloci carried over 1.7 million
                                                                                        KEY NUMBERS
               passengers and over 2.4 million lane metres.
               Guests travelling with Grandi Navi Veloci can enjoy the
                                                                                        • 18 major routes
               highest standards of service. In addition, the company
                                                                                        • 15 prime destinations
               offers tailor-made solutions for corporate events,
                                                                                        • 15 ships
               business meetings, conventions, and teambuilding
               activity through GNV MICE & INCENTIVE.
                                                                                        www.gnv.it

48   PASSENGER DIVISION                                                                 INTRODUCTION TO THE MSC GROUP   49
Medjugorje
                                                                                           Split
                                                                                                   Bol
                                                              Ancona                   Hvar        Vela
                                                                                                   Luka
                                                                                                               Dubrovnik

                                                                     Pescara

                                                             PONZA      Naples
                                                           VENTOTENE            Castellamare
                                                                ISCHIA          Sorrento
                                                                  PROCIDA    CAPRI

                                                                                 Aeolian
                                                                                 Islands
                                                                             PANAREA   STROMBOLI
                                                                             SALINA LIPARI
                                                                            VULCANO

                                             SNAV
                                             FAST-FERRY DIVISION

                                             SNAV (Società Navigazione Alta Velocità) is an
                                             Italian company which operates ferry services in
                                             Italy and Croatia. The company includes a number
                                             of high-speed modern crafts, creating fast attractive
                                             route options within Italy, in the Gulf of Naples
                                             (Capri, Ischia, Procida, Castellammare, and Sorrento),
                                             Aeolian Islands (Stromboli, Panarea, Salina, Lipari, and
     KEY NUMBERS                             Vulcano) and Pontine Islands (Ponza and Ventotene).
                                             The SNAV fleet consists of high-speed vessels,
     • 25 fast ferries                       hydrofoils, and catamarans. First class operational staff
     • 1 cruise ferry                        ensures our customers have the very best experience.
     • 18 routes (up to 80 connections/day
       in summer)
     • 4.2 million passengers in 2018

     www.snav.it

50            PASSENGER DIVISION                                                           INTRODUCTION TO THE MSC GROUP   51
OUR HISTORY
     OUR PEOPLE
     OUR FAMILY

     TOGETHER,
     WE ARE MSC.

52                 53
CONTACTS
For further information about the
MSC Group, please feel free to
contact us: media@msc.com

MSC Mediterranean
Shipping Company
12-14, Chemin Rieu
1208 Geneva, Switzerland
msc.com

54                                  55
© MSC Mediterranean Shipping Company SA, October 2019   Printed on Munken Polar Rough
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