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Maersk Line Orders 16 New Container Vessels - Maersk Line is pleased to announce that A.P. Moller – Maersk has today signed an agreement with Daewoo Shipbuilding and Marine Engineering Co. Ltd. in Korea for the delivery of 16 container vessels in 2010-12
Maersk Line Orders 16 New Container Vessels

 

PRZOOM - /newswire/ - Copenhagen, Denmark, 2008/07/03 - Maersk Line is pleased to announce that A.P. Moller – Maersk has today signed an agreement with Daewoo Shipbuilding and Marine Engineering Co. Ltd. in Korea for the delivery of 16 container vessels in 2010-12.

   
 
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The vessels have individual capacities of 7,450 TEU (twenty-foot equivalent unit) and they are equipped with reefer plugs enabling them to carry 1,700 refrigerated containers each. This is the highest number ever carried on a container vessel.

The ships are designed to meet the highest demands for safe and economic transportation of goods in the trade to and from the East Coast of South America. In addition, each vessel is equipped with a waste heat recovery system. The system reuses excess heat from the exhaust and thus generates energy for propulsion of the vessel or on-board electricity consumption. The reduction in fuel consumption results in a corresponding reduction of emissions.

“We are very excited with this order and the opportunities these vessels will provide our customers in South America. We are confident that the vessels will enable us to continue to offer competitive container shipping based on a modern, economical, and environmentally friendly fleet,” says Senior Vice President Michel Deleuran, Head of Network & Product in Maersk Line.

Maersk Line expects to deploy the 16 vessels in the trades between the East Coast of South America and Asia and Europe. Michel Deleuran adds, “We expect a continued strong growth in these markets; we believe that this order shows our long-term commitment to providing service and support to our customers’ increasing business in the aforementioned trades”

Brazil and Argentina, especially, have fast growing consumer markets. In the last five years, the trade between Asia and the East Coast of South America has grown more than 20% per year on average. In the next five years, growth is expected to remain in the double digits.

The trade between the East Coast of South America and Europe is primarily driven by the export of food products such as poultry, meat, and fruit transported in refrigerated containers. Since 2002, the trade has grown 15% on a yearly average. This growth is expected to remain strong with increased containerisation opportunities in the coming years.

Today, Maersk Line (maerskline.com) is represented, with its own offices, in all countries in the Region. We operate five weekly services between the East Coast of South America and the main markets in Asia, Europe, West Africa, and The Middle East. The East Coast market consists of Brazil, Argentina, Uruguay, and Paraguay thus including the most important markets in South America.

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Agency / Source: Maersk Line

 
 

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Maersk Line Orders 16 New Container Vessels

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Contact: Michel Deleuran, Senior Vice President 
+45 3363 4758 gbrcorpcom[.]maersk.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Maersk Line securities in any jurisdiction including any other companies listed or named in this release.

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