Maersk orders 11 19,630TEU container vessels from DSME

3 June 2015 (Last Updated June 3rd, 2015 18:30)

Daewoo Shipbuilding & Marine Engineering (DSME) has received an order worth $1.8bn from Maersk Line to deliver 11 second-generation Triple-E container vessels.

Daewoo Shipbuilding & Marine Engineering (DSME) has received an order worth $1.8bn from Maersk Line to deliver 11 second-generation Triple-E container vessels.

The contract also includes the option for six similar vessels at 400m-long and 58.6m-wide, with a draft of 16.5m.

Each having a 19,630TEU capacity, the vessels will be the largest in Maersk Line’s fleet and are expected to be deployed in the Asia – Europe service route, replacing smaller, less-efficient vessels.

"These vessels will help us stay competitive in the Asia – Europe trade and will be key in our strategy to grow with the market."

Maersk Line COO Søren Toft said: "These vessels will help us stay competitive in the Asia – Europe trade and will be key in our strategy to grow with the market.

"It is the second order this year and we expect to order more vessels, which we can add to our fleet from 2017 and onwards."

In March, Maersk Line signed a contract with China’s COSCO Shipyard for seven 3,600TEU container vessels.

Maersk Line plans to invest $15bn during the next five years in new-buildings, retrofitting, containers and other equipment, to meet increasing demand and replace less-efficient tonnage.

The new 11 vessels are expected to join Maersk Line’s fleet between April 2017 and May 2018, sailing under a Danish flag.

In 2011, Maersk Line placed an order for 20 ships of 18,270TEU from DSME. The last is planned to be delivered this month.

Currently, DSME and Maersk Line are working on amplifying the features of the Triple-E vessels in the new vessels.