Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

First Triple-E vessel visits Suez Canal terminal

The 18,300 TEU capacity Maren Maersk has become the second Triple-E class vessel to call an Egyptian port and the first with a commercial stop at the Suez Canal Container Terminal (SCCT) at Port Said East.

APM Terminals, the majority shareholder of SCCT, partnered with the Egyptian government and local authorities to complete a dredging […]

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Megaships, overcapacity causing ‘race to the bottom’ for rates

”The most dramatic symbol of these problems is that an 18,000 container Triple-E freighter, one of the largest (and therefore theoretically most cost-efficient) container ships on the planet, was idled by Maersk in late October.” — Fortune

From an article titled ”Maersk’s terrible earnings report shows ocean shippers are sinking themselves” in Fortune Magazine:

[…]

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Idle boxship counts hits five year high, includes Maersk triple-E

It forecast that the idle fleet would breach the 1m teu mark in the coming weeks as lines implement more capacity reduction programs.

Underscoring worsening conditions Maersk Line has idled one of the largest ships in its fleet and 18,000 teu triple-E, whereas lines have generally tried to avoid taking their largest vessels out of […]

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Hanjin Heavy expected to win container ship deal

France’s CMA CGM SA is in talks to build at least three container megaships, joining the race among the top container operators that already use such vessels to increase their market share on the world’s busiest trade routes, people with knowledge of the matter said Tuesday.

The ships would be able to carry around 20,000 […]

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Filling ultra-large container ships

MSC is interested in ordering ten ships of 11,000 TEUs — far from the size of the latest megaships of more than 19,000 TEUs.

For those believing that Maersk Line’s 18,270-TEU Triple‐E class ships can actually be filled up to design capacity, says Dynamar, the carrier’s flagship Maersk McKinney Møller recently left Algeciras with 18,168 […]

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2M vessel sharing alliance officially begins

The 2M Alliance has officially launched with the departure of Maersk Line’s newest ship from Dalian in China, reports World Maritime News.

The event marks the beginning of the vessel sharing agreement (VSA) made between Maersk Line and Mediterranean Shipping Company (MSC), which will see the two companies share 185 vessels with an estimated capacity […]

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Maersk Line struggling to fill mega container ships

Maersk Line currently has seven Triple-E ships transporting containers between Asia and Northern Europe. They are expected to gradually take over from smaller ships on important routes. Pictured: Triple-E class ship Maersk McKinney Moller in Poland.

The Danish shipping giant Maersk Line is having trouble loading up its new Triple-E mega container ships to […]

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Allianz warns of new insurance risks from super-sized ships

The Triple E Class vessel has a length of 400 m (1,312 ft), beam of 59 m (194 ft), draft of 14.5 m (48 ft), and a capacity of more than 18,300 TEUs.

The rise of super-sized container vessels and the opening up of potentially hazardous routes through once-frozen Arctic waters pose the biggest new […]

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APM Rotterdam retrofitting cranes for more EEE calls

The 18,000 TEU Triple-E class vessel Marie Maersk is scheduled to arrive in Rotterdam on December 6.

APM Terminals Rotterdam is retrofitting five of its existing post-Panamax cranes with new booms, to allow for a 23-container row reach for 18,000teu vessels.

APM plans to have the upgrades, which consist of both engineering and software […]

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Curtailing capacity could see Maersk lose its crown as the world’s biggest box line

Maersk Line may lose its crown as the world’s largest container shipping line within three years as a result of its attempts to limit capacity.

According to new research, published by shipping consultancy Alphaliner, Maresk’s decision not to place orders for new ships until 2015 at the earliest, should be viewed in conjunction with […]

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Maersk signs contract to stay with Port of Seattle

Last week The News Tribune speculated that the Port of Tacoma’s updates to its Pier 3 infrastructure would allow the port to host Maersk Line’s new “Triple E” containerships, the world’s largest vessels.

The Port of Tacoma had been recruiting Maersk to return to Tacoma after it left two years ago to join its […]

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Tacoma port moves forward to upgrade cranes, pier

Maersk hasn’t said where it will use its giant new ships, but maritime authorities expect they will initially be used in the trade between Europe and Asia.

Tacoma port commissioners have approved a contract for design work to equip one of its container terminals to handle the biggest container ships now envisioned.

The Port […]

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