Maersk Considering New Toll System by Suez Canal Authority
AP Moller-Maersk's Maersk Line shipping arm said it is considering proposals from the Suez Canal Authority for a new toll system that could involve advance payments, reports Reuters. "They have proposd a new payment method and presented it to us, and we are looking at it now," a company spokesman said. The Wall Street Journal earlier quoted Canal Authority Chairman Mohab Mamish as saying it aimed to levy charges for three years or five years in advance. Talks with Maersk, Geneva-based Mediterranean Shipping Co and France's CMA CGM were going well and an agreement to come into effect at the start of 2017 might be reached as early as next week, he told the newspaper. Representatives of the major container shipping companies are meeting this week at a conference in Copenhagen.
Egypt Seeks a New Suez Canal Toll System
Egypt is in talks with global shipping firms to change the way it charges vessels to pass through the Suez Canal, offering discounts for advance payments as it seeks to raise much-needed hard currency from a struggling industry. Denmark's A.P. Moller-Maersk, which runs the world's biggest container shipping line, said on Tuesday it was considering proposals from the Suez Canal Authority for a new toll system. "They have proposed a new payment method and presented it to us, and we are looking at it now…
Maersk Line CEO: 11 New Ships Likely in Q2 2015
Maersk is considering ordering 11 container megaships in the second quarter of 2015, the Wall Street Journal reported today. "We need to grow with the market and increase our capacity by 425,000 containers from 2017 onward for three years," Maersk Line Chief Executive Soren Skou told the Journal. "It's very likely the first order will be 11 Triple E size ships. Maersk has not ordered new ships since 2011, when it ordered 20 Triple-E class vessels, each capable of hauling 18,000 containers. The company reported a profit of $2.3 billion in 2014, a 50% profit increase in 2014.
Marit Maersk Visits Port of Hamburg
Having been constructed and christened at the Danish shipyard of Odense, the Marit Maersk, a giant container ship built for the Maersk Line shipping company, called at the Port of Hamburg for the first time on its maiden voyage. The ship's length of 1,204 ft makes it 49 ft longer than any container ship that has ever called at the Port of Hamburg in the past. Ships with a slot capacity of up to 11,000 TEU (20 ft standard containers) are increasingly being put into service in international shipping, and increasing numbers of them are also coming to Hamburg. The Marit Maersk was handled at the Eurogate Container Terminal Hamburg (CTH).
