A.P. Moller - Maersk Group Signs Contract for China Built Vessels

Friday, February 27, 2004
The Danish A.P. Moller - Maersk Group has signed contracts with Dalian New Shipbuilding and Guangzhou Shipyard International firming up orders to build four vessels for the A.P. Moller - Maersk Group’s fleet of product tankers. With the signing of these contracts, the A.P. Moller - Maersk Group has since 1996 ordered 51 large ocean going vessels from Chinese shipyards, representing a value exceeding USD 1.5 billion, making the Group the largest foreign buyer of vessels build in China. Tom Behrens-Sorensen, Chief Executive of the A.P. Moller - Maersk Group in the Greater China Area, said "the past 12 months have been a landmark period for our Group in China. Our Group’s container shipping company, Maersk Sealand, has significantly strengthened its product offering to China’s foreign trade, and contracts have been signed for significant investments in marine terminals in Shanghai and Qingdao by APM Terminals, a leading global container terminal operator also owned by the A.P. Moller – Maersk Group. These latest four vessel contracts crown a long list of achievements that has seen the ties between China and our Group grow even deeper." Mr. Behrens-Sorensen concluded, "That we are today celebrating the signing of the contract for the 50th large ocean going vessels ordered in such a short span of years bears witness to the competitiveness and high technical level Chinese shipbuilding has reached in recent years."
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Propulsion

There’s Still Time for SHIPPINGInsight Award Entries

Entry submissions for the first SHIPPINGInsight Award are due Friday, Aug. 1, but organizers said they will continue to accept nominations through following week to provide some extra time.

Burger Boat to Build New Passenger Vessel

Burger Boat Company announced that it has received a contract for the construction of an 89-foot (27-meter) steel passenger vessel for Wendella Sightseeing Company, Chicago, Ill.

Joint Project Studies Condition-based Engine Monitoring

Classification society ClassNK announced that it will participate in a joint project together with Mitsui Engineering & Shipbuilding Co., Ltd. and MES Technoservice Co.

Shipbuilding

Fincantieri to Build Third New Princess Cruises Ship

Fincantieri says it has signed an agreement with Carnival Corp. to build  the new cruise ship for its Princess Cruises brand at a cost of about 600 million euros.

ATB Barge Project for Murray & Associates

Murray & Associates, LLC has been commissioned to deliver a comprehensive design package for an 185,000 BBL Chemical Tank Barge new construction project. The

Gladding-Hearn Builds New Boat for Delaware Pilots

The Delaware pilots association has ordered its third pilot boat of the popular Chesapeake class from Gladding-Hearn Shipbuilding, Duclos Corporation. Delivery

 
 
Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0866 sec (12 req/sec)