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Maersk set to get even bigger

49005 Views 56 Replies 13 Participants Last post by  hkskyline
From CPH Post:

Container company Maersk Sealand is offering DKK 17 billion for Dutch P&O Nedlloyd. The merger would create the largest container line in history

Shipping giant A.P. Moeller-Maersk offers DKK 17 billion in cash to buy Dutch rival P&O Nedlloyd, in a move that would make it history's biggest container line.

Maersk, which owns the world's largest container shipping line, Maersk Sealand, said the industry needed to consolidate and that it needed more ships to continue to grow.

"There are two ways to grow: organically or via acquisitions," A.P. Moeller-Maersk CEO Jess Soederberg told Reuters. "With the current lack of ship capacity we would not be able to grow organically within the next three to four years."

Maersk Sealand already boasts the title of the world's largest container line, with more than 300 vessels and a total capacity of 750,000 20-feet containers. P.O. Nedlloyd has 156 vessels and a container capacity of 428,000.

A merger would result in the biggest container shipping company in history, more than double the size of its main contender, Mediterranean Shipping Co.

The Dutch parent company Royal P&O Nedlloyd is among the world's four largest container companies. It's board of directors said they recommended Maersk Sealand's offer, which will be officially placed in June, after a due diligence report has been issued on the Dutch company.

A takeover would also be dependent on at least 70 percent of shareholders in P&O Nedlloyd accepting the offer, as well as on the approval of competition authorities.

"This proposed offer represents a significant premium to our share price. I sincerely believe this proposal is in the best interest of both our shareholders and our employees," P&O Nedlloyd Chairman Andrew Land said in a statement.

P&O Nedlloyd said the takeover would lead to 1,500 job cuts.
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Bigger than big, the first of 8 huge 13.100 TEU containerships is set to sail under the Maersk Line, from Hyundai Heavy Industries in Korea.:

The rotation will be, Ningbo - Shanghai - Yantian - Tanjung Pelepas - Port Kelang - Le Havre - Hamburg - Rotterdam - Zeebrügge - Port Kelang - Singapore - Ningbo, in cooperation with CMA CGM.


Length (oa): 366 m

Length (bp): 350 m

Beam: 48.2 m

Depth: 29.85 m

Design draft: 14.5 m

Scantling draft: 15.5 m

Deadweight: 125,480 mt at 14 .5m,140,580 mt at 15.5 m

Containers are carried 17-wide below deck and 19-wide on the hatchcovers. The maximum capacity of each ship is 7,074TEU on deck and 6,018TEU below deck, making 13,092TEU in total. Based on a homogeneous container weight of 14 tonnes per TEU, the maximum capacity is approximately 9,080TEU. Reefer plugs are available for 800 x 40ft containers.

Each ship is powered by a single Hyundai-Wartsilae] 12RT-flex96C main engine weighing over 2,000 tonnes and developing 68,640 kW (MCR) at 102 rpm and 61,776 kW (NCR) at 98.5rpm. Five 2,700kw diesel generators are installed.

Although designed for a service speed of 24.3 knots, the flex-engines still achieve 21.5 knots at 60 percent of the engine's normal output but can also slow steam as required under charterers' current service patterns, generating substantial fuel savings. By having this substantial speed reserve, the ships can increase speed when necessary to maintain schedule integrity.

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Once again Maersk does it. This time they ordered 10 containerships with an option of additional 10, from Daewoo.


18.000 TEU
Length 400m
Width 59m
Hight 73m

Take a closer look.
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These mighty new containervessels from Maersk, will only go to few destinations, not even USA has a port, due to lack of efficiency of North-American ports (Maersk at presentation).

They will so far only go to China, Hongkong and Malaysia in Asia. Algeciras, Rotterdam, Felixstowe and Bremerhaven in Europe.

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Panamax I presume?
Sorry according to this, Panamax was something before these Triple-E class ships.:

But the Suez might do it.:

Please correct me, if I´m wrong.

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Maersk has just ordered two deepsea drilling ships, from Samsung Heavy Industries in Sydkorea. Construction costs 6,8 billion dkr or about 1,2 billion USD, and to be delivered third and fourth quarter 2013.:

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Maersk orders additional 10 ea Triple-E class vessels (18.000 TEU), pricetag for the 10 ships 9,8 billion dkr and to be delivered 2014 and 2015.:

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Maersk buys two more drilling ships from Samsung Heavy Industries, pricetag 1,3 billion USD, and to be delivered second and third quarter 2014.:

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Maersk Supply Service has just ordered 2 new ultra harsh environment offshore supply ships from the Asenav Yard in Chile. There is an option for additional four ships, the two first will cost 1 billion dkr.

These new ships, are planned to operate in the offshore market east of Canada.:

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The richest man in Denmark, Mr. Mærsk Mc-Kinney Møller, owner of Maersk died today at age 98.

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