Tuesday, May 12, 2015

Maersk Completing Order of 10 Container Megaships

Maersk Completing Order of 10 Container Megaships
Maersk Line, the world’s biggest container-shipping operator by capacity, is completing an order of 10 container megaships from Korea’s Daewoo Shipbuilding & Marine Engineering Co. worth more than $1.5 billion, two people directly involved with the matter said.

It will be the first time since 2011 that Maersk Line, a unit of the Danish shipping and oil conglomerate A.P. Moller-Maersk A/S, returns to the market for ships of this size. Back then, it placed an order with DSME for 20 so-called Triple-E ships, which carry in excess of 18,000 containers each. The last two vessels from that order will be delivered to Maersk by July.