Giant Freight Carriers May Not be the Wisest Container Shipping Investment Route
Monday, December 31, 2012FRANCE – DENMARK - IRAN – WORLDWIDE – Earlier this month we witnessed the official christening of the world’s largest container vessel, CMA CGM’s gigantic Marco Polo coming in at nearly 400 metres and capable of carrying a staggering 16,000 twenty foot boxes or their equivalent (TEU). The giant ship will soon be surpassed in the container shipping stakes when the first of Maersk’s giant 18,000 TEU Triple E series becomes operational in 2013. Many industry analysts have been sceptical for some while that the Danish freight and energy group will exercise its option for the final ten vessels in their pro forma order having committed to an initial twenty ships from the DSME shipyard in South Korea, a view reinforced by Maersk CEO Nils Andersen last month.
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