The Triple-E is the world’s largest ship. It is called the Triple-E because of it’s 3 purposes: Economy of Scale, Energy Efficiency, and Environmentally improved.
Maersk ordered an additional 10 of the Triple-E vessels to be built, the first 2 are under construction in DSME shipyard in Okpo, Korea. 5 of these vessels will be built by 2nd Half of 2013.
Some industry experts don’t expect this to impact capacity until 2014, while some think there will overcapacity in 2013. Maersk’s CEO Soren Skou expects 10-11% growth in new vessel capacity in 2013, while global demand is expected to grow 4-5%.
This could be good news for rates if capacity exceeds demand. Even though Maersk no longer provides containers in the Minneapolis/St Paul market and few in the St Louis market, excess capacity could hold rates down across the market. We do have the ability and contract with Maersk via Chicago for some of our freight.
There is an article from the Shipping Herald that talks about the overcapacity: Maersk Warns of Over-Capacity Risk in 2013
The Triple-E vessels are amazing. They have the capacity of 18,000 TEU’s. They are 400 meters long and 59 meters wide, will help reduce energy consumption and lower CO2 emissions.
Facts at a glance:
• A Triple-E class vessel is equipped with a waste heat recovery system, saving up to 10% of main engine power. This equals the average annual electrical consumption of 5,000 European households.
• The Triple-E class travels 184 kilometres using 1 kWh of energy per ton of cargo, whereas a jumbo jet travels half a kilometre using the same amount of energy per ton of cargo.
• The vessel can carry 18,000 twenty-foot-equivalent units (TEU). If all these containers were to be put on a train – it would need to be 110 km long – and if they were put on top of each other they would almost reach beyond the stratosphere (47 km).Read more about Maersk’s new ships at TheWorldsLargestShip.com
If you think this video is impressive, go check out their other video on their website that puts this ships size into perspective!
http://www.worldslargestship.com/
Please feel free to contact us if you have any questions regarding ocean freight.
Related articles
- First Triple-E Class Vessel Launched (South Korea) (worldmaritimenews.com)
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