Wall Street Journal: Maersk Line considers mega-vessels

Maersk Line has begun negotiating a renewal of its fleet. According to the Wall Street Journal, there could be 20,000 teu vessels on the way. This is new compared to what the carrier’s CEO announced just months ago.

Will Maersk Line pull a trump in the race about which container carrier has the biggest vessels by ordering a new fleet of ships with a capacity of 20,000 teu? According to the Wall Street Journal, this is what the carrier is considering at its headquarters in Copenhagen. The paper has no quotes from sources, but refers to a "person with knowledge of the process." He says that Maersk Line is in the opening stage of negotiations with Asian yards and the topic of discussion is vessels with a capacity of 20,000 teu. This would be the largest vessels yet, and between 1,500 and 2,000 teu larger than the Triple-E.

By mid-November 2014 the CEO of Maersk Line told ShippingWatch that the carrier’s colossal investment program of a total USD 15 billion was to begin within six months. These funds are especially earmarked for vessels of 14,000 teu or higher.

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