Maersk Line: We need more versatile ships

Maersk Line's new 14,000 teu ships, worth over USD 1 billion, will be used to replace small vessels on various trade routes in the long run. The carrier has more initiatives up its sleeve, COO Søren Toft tells ShippingWatch.

Photo: Port of Gothenburg

Maersk Line is on a regular shopping spree, and the carrier announced yet another order for new vessels on Wednesday afternoon. This time for nine container ships of 14,000 teu for a total value of USD 1.1 billion. This order also reflects a new course of action for Maersk as these new ships are not designed for one particular route, as in the case of the Triple-E vessels which are specifically built for the services between Asia and Europe.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

CMA CGM expects sharp decline in freight rates

The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.

Further reading

Related articles

Latest news

See all jobs