Maersk Line Contracts 10 Triple-E Vessels

(Press Release)
Monday, June 27, 2011

At a signing ceremony in Tokyo, Japan, Maersk Line exercised its option with Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build an additional 10 Triple-E ships.
The event follows Maersk Line's order in February this year for 10 Triple-E vessels with two options - each for an additional 10 ships.
“I am very excited to have signed a contract with Daewoo for 10 more Triple-E ships. We now have twenty Triple-E on order. They underline our strong commitment to the Asia-Europe trade and fit well with our current ambitions and expectations for the future development of the trade. We believe the Triple-E ships with their record capacity and energy efficiency will enable us to deliver on the commercial and environmental expectations of our customers and also give us a significant competitive advantage in the market,” says Eivind Kolding, CEO of Maersk Line.
Maersk Line expects demand on the Asia to Europe trade to increase 5-8% per year during 2011-2015. By introducing the Triple-E vessels from 2013, Maersk Line will be able to meet the increasing demand as well as maintain its market share. The first 10 vessels will be delivered 2013 and 2014; the second 10 vessels are scheduled for delivery in 2014 and 2015.
Called the ‘Triple-E’ class for the three main purposes behind their creation — economy of scale, energy efficiency and environmentally improved — the ships set a new industry benchmark for size and fuel efficiency.
Four-hundred meters long, 59 meters wide and 73 meters high, the Triple-E is the largest vessel of any type on the water today. Its 18,000 TEU (twenty-foot container) capacity is 16 percent greater (2,500 containers) than today’s largest container vessel, Emma Maersk.
The Triple-E will produce 20 percent less CO2 per container moved compared to Emma Maersk and 50 percent less than the industry average on the Asia-Europe trade lane. In addition, it will consume approximately 35 percent less fuel per container than the 13,100 TEU vessels being delivered to other container shipping lines in the next few years, also for Asia-Europe service.
The deadline for exercising the last option for an additional 10 vessels is end of December 2011. At this point Maersk Line does not intend to exercise the option. However, Maersk Line will reserve its right to hold off on any final decision until the deadline.
 

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Petrojarl I Drydocked for EPC Redeployment Upgrade

FPSO upgrade marks major step for Damen Shiprepair & Conversion as a full service conversion group   After four months of preliminary work alongside, FPSO Petrojarl I moved on April 16,

GE Contracted to Service Australian Navy Frigates

GE has signed an in-service support contract with the Australian Defense Materiel Organization’s Maritime Cross-Platform Systems Program Office.  Under the contract,

IRS on Talent Acquisition Spree

IRClass, the Leading Ship Classification Society has hired 17 of the brightest and best Naval Architecture students from the elite technical institutes of India.

Container Ships

Kemp: Cheaper Fuel to Boost Container Shipping

Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles. Container

ABB Turbochargers for Largest Boxships

ABB has designed turbochargers powering the largest ships in the world. First came the China Shipping Container Lines (CSCL) Globe with capacity of 19,100 TEU

Hapag-Lloyd Orders 5 Ships for More Panama Canal Trade

Ship container line Hapag-Lloyd has placed an order for five vessels as it looks to bolster trade in Latin America ahead of next year's planned expansion of the Panama Canal,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.2334 sec (4 req/sec)