{"id":433,"date":"2013-03-05T09:36:26","date_gmt":"2013-03-05T15:36:26","guid":{"rendered":"http:\/\/supfrt.com\/news\/?p=433"},"modified":"2013-03-05T09:36:26","modified_gmt":"2013-03-05T15:36:26","slug":"worlds-largest-ship-maersk-orders-10-triple-es","status":"publish","type":"post","link":"http:\/\/supfrt.com\/news\/2013\/03\/05\/worlds-largest-ship-maersk-orders-10-triple-es\/","title":{"rendered":"World’s Largest Ship, Maersk orders 10 Triple-E’s"},"content":{"rendered":"
\"Photo<\/a>
Photo Courtesy of Maersk: www.theworldslargestship.com<\/figcaption><\/figure>\n

The Triple-E is the world’s largest ship. \u00a0It is called the Triple-E because of it’s 3 purposes: \u00a0Economy of Scale, Energy Efficiency, and Environmentally\u00a0improved.<\/p>\n

Maersk ordered an additional 10 of the Triple-E vessels to be built, the first 2 are under construction in\u00a0DSME shipyard in Okpo, Korea. \u00a05 of these vessels will be built by 2nd Half of 2013.<\/p>\n

Some industry experts don’t expect this to impact capacity until 2014, while some think there will overcapacity in 2013. \u00a0Maersk’s CEO Soren Skou expects 10-11% growth in new vessel capacity in 2013, while global demand is expected to grow 4-5%.<\/p>\n

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 \u00a0few in the St Louis market, \u00a0excess capacity could hold rates down across the market. \u00a0We do have the ability and contract with Maersk via Chicago for some of our freight.<\/p>\n

There is an article from the Shipping Herald that talks about the\u00a0overcapacity:\u00a0Maersk Warns of Over-Capacity Risk in 2013<\/a><\/em><\/p>\n

The Triple-E vessels are amazing. \u00a0They have the capacity of 18,000 TEU’s. \u00a0They are\u00a0400 meters long and 59 meters wide, will help reduce energy consumption and lower CO2 emissions.<\/p>\n

Facts at a glance:<\/strong>
\n\u2022 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.
\n\u2022 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.
\n\u2022 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).<\/p>\n

Read more about Maersk’s new ships at TheWorldsLargestShip.com<\/a><\/p><\/blockquote>\n