JAYA: Maersk Line, which recently ordered ten of the world’s
largest container ships valued at US$190mil each, sees the new
orders as in line with the demand on the Asia to Europe trade that
is expected to increase between 5% and 8% annually in the next five
Line country manager for Malaysia and Singapore Bjarne Foldager said
they ordered about 10 of the Triple-E vessels because they were the
largest and the most efficient container ships.
will make us even more competitive as it will drive down our unit
cost and sustain our carbon leadership position. Expectations for
demand on the Asia to Europe trade is an increase of 5% to 8% per
year from 2011to 2015.
introducing these ships from 2013, we will be able to meet the
increasing demand and maintain our market share,” he told StarBiz.
Line announced on Feb 25 that it had signed a contract with
Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd to
build 10 of the world’s largest and most efficient vessels,
scheduled for delivery between 2013 and 2015 with an option for an
additional 20 vessels.
of the Triple-E is 400m long, 59m wide and 73m high, making it the
largest vessel of any type.
18,000 TEU (twenty-foot equivalent units) capacity is 16% greater or
2,500 containers more than the largest container vessel at present,
the Emma Mærsk.
this year’s outlook, Foldager said the A.P. Moller-Maersk Group
saw strong potential in growth markets, where the number of
middle-income consumers was booming.
2011, the group will focus the main part of our attention and
investments in these markets, where we already have a strong
expect a 6%-8% increase in global demand this year, and expect to
achieve a satisfactory 2011 result below the 2010 result,” he
on last year’s performance, Foldager said the A.P. Moller-Maersk
Group delivered a profit of US$5bil due to increased competitiveness
and a rebound in the global economy.
the best profit ever, and we are very satisfied. Markets have
improved in 2010, but container rates and volumes have only returned
to pre-crisis level. This means that the record profit is first and
foremost due to the efforts of the entire organisation to increase
our container business, Maesk Line delivered a profit of US$2.6bil
in 2010 compared with a loss of US$2.1bil in 2009
expect a 6% to 8% increase in global demand this year, and (expect)
to achieve satisfactory results this year,” he said.
freight rates, Foldager said currently rates were at a reasonable
level and did not foresee major imbalances in demand and capacity.
markets are volatile and rate development for the rest of this year
our assessment is that the industry will continue to behave
rationally and we don’t foresee major slumps in rates.
see long term growth in the Asia-Europe trade from the higher
penetration of Asian goods in the European market, and the newly
ordered Triple-E vessels are meant for this trade,” he said.
on some of the specifications of the Triple-E, Foldager said this
new breed of container vessels would emit 20% less carbon dioxide
per container moved compared with the most efficient container
vessel operating today and 50% less than the industry average for
vessels operating on the Asia- Europe trade.
major reason for its superior efficiency is what is happening in the
Triple-E’s engine room. The Triple-E is designed for a top speed
of 23 knots, compared with Emma Mærsk’s top speed of 25 knots.
tiny difference in maximum speed lowers the power output needed from
the engine by 19%, which allows for slower revolutions in its
engines and far greater fuel economy,” he said.
added that the Triple-E also has two slow running engines and two
large propellers, a combination called “twin skeg”.