Maersk Line orders 11 ultra-large container vessels

The new vessels will be the largest in Maersk Line’s fleet and are intended for the Asia – Europe service; they  will replace smaller, less efficient vessels.

On 2 June, Maersk Line signed a new building contract with Daewoo Shipbuilding & Marine Engineering (DSME). The order is for 11 (eleven) plus 6 (six) optional second generation Triple-E container vessels with a capacity of 19,630 TEU each. The vessels will have a length of approximately 400 meters (m), width of 58.6m, and a 16.5m draft. The contract has a value of USD 1.8 billion. It was signed by Mr Sung-Leep Jung, President and CEO of DSME, and Mr Søren Skou, CEO of Maersk Line, at a ceremony at Maersk Line’s headquarters in Copenhagen

This is the second new-building order in Maersk Line’s investment programme, following the seven 3,600 TEU feeder vessels announced earlier this year. Over the coming five years, Maersk Line is planning to invest USD 15 billion in new-buildings, retrofitting, containers and other equipment. Maersk Line will thus be able to maintain the necessary capacity to grow with global demand as well as replace less efficient tonnage.

Maersk Line fleet as of May 2015

• 255 owned vessels (1.7 million TEU)

• 346 chartered vessels (1.3 million TEU)

Order book as of 2 June 2015

The order book corresponds to 0.4 million TEU or approx. 13% of Maersk Line’s current fleet.

• 2 x Triple-E (37k TEU) for delivery in 2015

• 7 x Baltic Feeder vessels (25k TEU) for delivery in 2017

• 11 x 19K vessels (221k TEU) for delivery in 2017-18

• 11 x 9.5-10K chartered vessels (108k TEU) 2015-16

www.maerskline.com

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