Maersk Line Inks $1.1 Billion Order for Nine New Ships

Triple-E's under construction at the DSME shipyard. File photo: Lappino

  Maersk Line, the world's largest container shipping company, announced Wednesday the signing of a newbuild contract with South Korea's Hyundai Heavy Industries for nine containerships with a capacity of 14,000 TEU each. The contract has a value of USD $1.1 billion and includes an option for up to 8 additional vessels, Maersk said. Today's contract marks the … [Read more...]

ABS to Class Maersk’s ‘New’ Triple-E

Maersk Triple-E during sea trials. File photo (c) lappino

  International classification society ABS has been selected to class 11 ultra-large containerships (ULCs) for Denmark's Maersk Line A/S. Maersk ordered the 19,630 TEU ships from Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea last month in a deal that includes options to build up to six additional vessels. ABS was chosen to class 20 of the … [Read more...]

Maersk: No Issues Funding Greece Operations, Paid Staff Early

Photo: claffra / Shutterstock.com

  COPENHAGEN, June 30 (Reuters) - Oil and shipping conglomerate A.P. Moller-Maersk said on Tuesday it was experiencing no problems funding operations in Greece or getting paid by Greek customers despite the imposition of capital controls by Athens. Maersk Line, the world's largest container shipping company, has offices in Greece and vessels passing though its ports. … [Read more...]

Maersk Containership Rescues Hundreds of Migrants Off Libya – Again

Maersk Regensburg file photo (c) MarineTraffic/

  A 147-meter Maersk containership took aboard hundreds of migrants in distress in the Mediterranean Sea in the second such incident for the vessel in less than a year. Maersk Line revealed details of the rescue on Thursday. The company said that on April 9, the MV Maersk Regensburg was sailing from Al Khoms, Libya to Sfax, Tunisia when it called on to assist in … [Read more...]

Maersk Line Sets Bold New CO2 Reduction Target

Gunvor_Maersk-635x374

Maersk Line, the world's largest container shipping company, has set itself a bold new target to cut CO2 emissions by 60% by 2020. Maersk Line Chief Commercial Officer Stephen Schueler was in Newport, Rhode Island last week speaking before a group of customers at a session on "The Future of Sustainable Supply Chains" when he unveiled the Maersk Line Sustainability Update, … [Read more...]

WATCH: Maersk Line Captain On Leadership

https://www.youtube.com/watch?v=c008f70zRPU This is Captain Kyaw Khaung, Master aboard the 6,478 TEU Maersk Line ship MV Maersk Sebarok. In this video, Captain Khaung humbly describes what it takes to safely navigate his ship from point A to point B. Are Captain Khaung's points the mark of a good great captain? Let us know sharing your thoughts on social media. … [Read more...]

Maersk Line Enters New Vessel Sharing Agreement with MSC and MOL

Maersk Line announced today it has entered into Vessel Sharing Agreement (VSA) with Mediterranean Shipping Company (MSC) and Mitsui O.S.K Lines (MOL) on the Asia to East Coast of South America trade. 22 vessels will serve two loops between the regions. MSC and Maersk Line will each operate six, 9,000 TEU vessels on Loop 1 and MOL will operate ten vessels of 5,500 TEUs on Loop … [Read more...]