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MSC Takes Full Control Of Container Depot Operator VCD Spain

MSC takes full control of container depot operator VCD Spain

MSC Takes Full Control Of Container Depot Operator VCD Spain

Valencia, Spain (PortSEurope) December 6, 2018 – The Mediterranean Shipping Company (MSC), has became the sole shareholder of Valencia Container Depot Spain (VCD Spain), which manages a complex for the storage and repair of containers in Ribarroja and which has a concession in the northern extension of the port of Valencia.

The Valencia-based company was incorporated at the end of 2016 by Medlog and the Chema Ballester Group.

MSC is the main client of the deposit and owns one in Barcelona. The transfer does not affect the other companies of the Chema Ballester Group, including Valencia Container Depot Logistics (VCD Logistics), which focuses on logistics management with a warehouse in Ribarroja.

The container depot in Ribarroja occupies 20,000 m² and has a capacity for 8,000 TEUs.

Source: Expansión (Print Edition)

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