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Newspaper: Maersk Line drops the Panama Canal

CEO Søren Skou and Maersk Line to save more than USD 100 million by sailing through the Suez Canal instead of the Panama Canal, writes Danish Newspaper Børsen.

Photo: Wärtsila

Maersk Line changes its route from Asia to the US East Coast.

The reason for the change is that the maximum capacity for ships passing through the Panama Canal is 4500 teu, but Maersk Line will take delivery of five Triple-E ships later this year, with a capacity of 18,000 teu each, in an effort to cut costs. This means the company has to change the route from Asia to the US East Coast, sailing via the Suez Canal and Mediterranean instead.

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