Maersk set to get even bigger
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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.
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.
21 - 40 of 57 Posts
Maersk buys Kerr-McGee North Sea oil
UK utility Centrica also buys a stake in U.S. oil and gas producer's regional assets in $3.5B deal.
August 8, 2005: 6:40 AM EDT
COPENHAGEN, Denmark (Reuters) - U.S. oil and gas producer Kerr-McGee Corp. has agreed to sell its British North Sea oil and gas interests to Denmark's A.P. Moeller-Maersk and to UK utility Centrica Plc for a total of around $3.5 billion, the companies said Monday.
Kerr-McGee (down $0.08 to $81.98, Research) said it would use the expected $3.1 billion net cash proceeds to reduce debt. The North Sea activities constituted around 20 percent of Kerr-McGee's total reserves.
Shipping and oil giant Maersk said it will acquire interests in 10 oil fields with a current production of some 60,000 barrels per day (bpd), a number of smaller oil and gas discoveries as well as an exploration portfolio for $2.95 billion in cash on a debt-free basis.
Centrica will pay $567 million for interests in four fields which will add approximately 1.1 billion therms of gas and 11 million barrels of oil to its total reserves.
"The price, $10.70 per barrel, is at the high end but it is positive that Maersk is using its financial reserves and it strengthens the balance between its oil and shipping activities," said HSH Gudme analyst Stig Frederiksen.
Maersk gets a lift
The deal, Maersk's second big takeover within months, will increase the Danish group's daily North Sea oil production by around 50 percent. Maersk, the world's biggest container shipper, also pumps oil and gas in Qatar, Algeria and Kazakhstan.
"With the acquired activities Maersk Oil has established a good position for further growth in this region and elsewhere," Maersk said in a statement, adding the transaction will take effect as of July 1.
Maersk said the takeover is expected to have a modest positive effect on its 2005 result based on current oil prices.
In morning trading in Europe, Maersk shares were 2 percent, while the Copenhagen bourse's top-20 KFX-index was up 0.9 percent.
The deal comes only days after Maersk announced that shareholders with 95.6 percent of shares in Dutch container shipper P&O Nedlloyd had accepted Maersk's €2.3 billion takeover offer.
Centrica, owner of British Gas, said the takeover of interests in the Andrew, Brae, Buckland and Skene fields is part of a plan to protect itself against further energy price rises, but the acquisition was not welcomed by some analysts.
"Centrica is paying the equivalent of ... $19.35 per boe (barrels of oil equivalent) reserves, which appears to be a very high price," said Andrew Whittock at brokers Numis Securities.
The company said the gas reserves, which are expected to last around 10 years, would provide around 2 percent of British Gas needs while the oil was likely to be sold.
Centrica shares edged lower in morning trading in Europe, against a 0.4 percent lift in the FTSE-100 blue chip index.
Source: http://money.cnn.com/2005/08/08/news/international/kerr_nsea.reut/index.htm?section=money_latest
UK utility Centrica also buys a stake in U.S. oil and gas producer's regional assets in $3.5B deal.
August 8, 2005: 6:40 AM EDT
COPENHAGEN, Denmark (Reuters) - U.S. oil and gas producer Kerr-McGee Corp. has agreed to sell its British North Sea oil and gas interests to Denmark's A.P. Moeller-Maersk and to UK utility Centrica Plc for a total of around $3.5 billion, the companies said Monday.
Kerr-McGee (down $0.08 to $81.98, Research) said it would use the expected $3.1 billion net cash proceeds to reduce debt. The North Sea activities constituted around 20 percent of Kerr-McGee's total reserves.
Shipping and oil giant Maersk said it will acquire interests in 10 oil fields with a current production of some 60,000 barrels per day (bpd), a number of smaller oil and gas discoveries as well as an exploration portfolio for $2.95 billion in cash on a debt-free basis.
Centrica will pay $567 million for interests in four fields which will add approximately 1.1 billion therms of gas and 11 million barrels of oil to its total reserves.
"The price, $10.70 per barrel, is at the high end but it is positive that Maersk is using its financial reserves and it strengthens the balance between its oil and shipping activities," said HSH Gudme analyst Stig Frederiksen.
Maersk gets a lift
The deal, Maersk's second big takeover within months, will increase the Danish group's daily North Sea oil production by around 50 percent. Maersk, the world's biggest container shipper, also pumps oil and gas in Qatar, Algeria and Kazakhstan.
"With the acquired activities Maersk Oil has established a good position for further growth in this region and elsewhere," Maersk said in a statement, adding the transaction will take effect as of July 1.
Maersk said the takeover is expected to have a modest positive effect on its 2005 result based on current oil prices.
In morning trading in Europe, Maersk shares were 2 percent, while the Copenhagen bourse's top-20 KFX-index was up 0.9 percent.
The deal comes only days after Maersk announced that shareholders with 95.6 percent of shares in Dutch container shipper P&O Nedlloyd had accepted Maersk's €2.3 billion takeover offer.
Centrica, owner of British Gas, said the takeover of interests in the Andrew, Brae, Buckland and Skene fields is part of a plan to protect itself against further energy price rises, but the acquisition was not welcomed by some analysts.
"Centrica is paying the equivalent of ... $19.35 per boe (barrels of oil equivalent) reserves, which appears to be a very high price," said Andrew Whittock at brokers Numis Securities.
The company said the gas reserves, which are expected to last around 10 years, would provide around 2 percent of British Gas needs while the oil was likely to be sold.
Centrica shares edged lower in morning trading in Europe, against a 0.4 percent lift in the FTSE-100 blue chip index.
Source: http://money.cnn.com/2005/08/08/news/international/kerr_nsea.reut/index.htm?section=money_latest
A.P. MOLLER - MAERSK A/S ACQUISITION OF ROYAL P&O NEDLLOYD N.V. COMPLETED
Copenhagen, 11th August 2005
A.P. Moller - Maersk A/S is pleased to announce that the acquisition of Royal P&O Nedlloyd N.V. is being completed today. All conditions to the offer have been fulfilled and payment for the tendered shares will be made today.
Management Philip Green, Royal P&O Nedlloyd CEO, and David Robbie, Royal P&O Nedlloyd CFO, will step down. Philip Green will assist and work with A.P. Moller - Maersk A/S for a period during the integration. David Robbie has decided to leave shortly after settlement.
Eric Sisco, current Managing Director of Maersk España S.A. and Area Manager of Maersk’s Iberia and Morocco Area (Spain, Portugal, and Morocco), will assume the position as CEO of Royal P&O Nedlloyd N.V.
Commercial arrangements P&O Nedlloyd will give notice of withdrawal to specified consortia and conferences shortly. Until February 2006 P&O Nedlloyd and Maersk Sealand will continue to operate as separate shipping lines. This is to offer customers stability of network and services throughout the coming peak season, to keep services and network intact throughout this year, and to honour P&O Nedlloyd’s commitments to various conferences and consortia.
Brand name After February 2006, Maersk Sealand and P&O Nedlloyd will be branded under the new name of Maersk Line. Maersk Logistics and P&O Nedlloyd Logistics will be integrated under the brand name of Maersk Logistics.
The full integration will be completed in stages and is expected to be completed by the end of 2006.
Copenhagen, 11th August 2005
A.P. Moller - Maersk A/S is pleased to announce that the acquisition of Royal P&O Nedlloyd N.V. is being completed today. All conditions to the offer have been fulfilled and payment for the tendered shares will be made today.
Management Philip Green, Royal P&O Nedlloyd CEO, and David Robbie, Royal P&O Nedlloyd CFO, will step down. Philip Green will assist and work with A.P. Moller - Maersk A/S for a period during the integration. David Robbie has decided to leave shortly after settlement.
Eric Sisco, current Managing Director of Maersk España S.A. and Area Manager of Maersk’s Iberia and Morocco Area (Spain, Portugal, and Morocco), will assume the position as CEO of Royal P&O Nedlloyd N.V.
Commercial arrangements P&O Nedlloyd will give notice of withdrawal to specified consortia and conferences shortly. Until February 2006 P&O Nedlloyd and Maersk Sealand will continue to operate as separate shipping lines. This is to offer customers stability of network and services throughout the coming peak season, to keep services and network intact throughout this year, and to honour P&O Nedlloyd’s commitments to various conferences and consortia.
Brand name After February 2006, Maersk Sealand and P&O Nedlloyd will be branded under the new name of Maersk Line. Maersk Logistics and P&O Nedlloyd Logistics will be integrated under the brand name of Maersk Logistics.
The full integration will be completed in stages and is expected to be completed by the end of 2006.
It's absolutely wonderful.
Maersk is known as a tough, yet fair employer, I'm sure you'll love working for the company.
kay:
Maersk is known as a tough, yet fair employer, I'm sure you'll love working for the company.
kay:
Sy said:
Well today was my first day as a Maersk employee...not much difference...it will take time to see what the effects are!
Maersk tycoon, age 96, going strong -aide
COPENHAGEN, April 22 (Reuters) - Danish shipping magnate Maersk Mc-Kinney Moller, who will turn 97 this July, is in good health and shows up to work daily at the headquarters of A.P. Moller-Maersk <MAERSKb.CO>, his secretary said.
Moller did not attend Queen Margrethe's 70th birthday bash last week, which raised some questions about his health.
"Mr Moller is sitting in his office now and he turns up every day," his personal assistant Lars Erik Brenoe told Reuters on Thursday. "He is in good health."
Despite his advanced age, Moller walks up the stairs to his sixth-floor office rather than taking the lift and a few weeks ago was on a business trip to the United States, Brenoe said.
Last year, Moller bought himself an 82-foot sailing yacht for his 96th birthday.
Through family-controlled foundations and personally held shares, Moller controls a majority of A.P. Moller-Maersk <MAERSKb.CO>, the shipping and oil group created by his father.
It is Denmark's biggest corporation, with a market value of roughly 200 billion Danish crowns ($36.1 billion), and includes the world's biggest container shipping company, Maersk Line.
Moller stepped down as chief executive in 1993 and 10 years later gave up the chairmanship.
COPENHAGEN, April 22 (Reuters) - Danish shipping magnate Maersk Mc-Kinney Moller, who will turn 97 this July, is in good health and shows up to work daily at the headquarters of A.P. Moller-Maersk <MAERSKb.CO>, his secretary said.
Moller did not attend Queen Margrethe's 70th birthday bash last week, which raised some questions about his health.
"Mr Moller is sitting in his office now and he turns up every day," his personal assistant Lars Erik Brenoe told Reuters on Thursday. "He is in good health."
Despite his advanced age, Moller walks up the stairs to his sixth-floor office rather than taking the lift and a few weeks ago was on a business trip to the United States, Brenoe said.
Last year, Moller bought himself an 82-foot sailing yacht for his 96th birthday.
Through family-controlled foundations and personally held shares, Moller controls a majority of A.P. Moller-Maersk <MAERSKb.CO>, the shipping and oil group created by his father.
It is Denmark's biggest corporation, with a market value of roughly 200 billion Danish crowns ($36.1 billion), and includes the world's biggest container shipping company, Maersk Line.
Moller stepped down as chief executive in 1993 and 10 years later gave up the chairmanship.
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.:
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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.
Facts.
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.
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.
Facts.
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.
January 18, 2011
ASI THROUGH
MAERSK IN 2010
A 5 BILLION PROFIT
The CEO of Danish group AP Moeller-Maersk, Nils Smedegaard Andersen said that in the first nine months of 2010, the subsidiary Maersk Line has grossed 4.2 billion dollars profit a year-end should reach five billion dollars.
In 2009, profit was stopped at 700 million dollars. Andersen argues that the growth of container transport is usually travels faster than the global gross domestic product, which is in a range between 2 and 3.5 per cent.
While developing countries are getting richer, Maersk wants to make a profit with more determination in these new areas of business. Over the past five years, Maersk has invested 3.5 billion dollars. The company's cash flow is expected to close at $ 10 billion through 2010, compared with 7.4 in the first nine months of the year.
ASI THROUGH
MAERSK IN 2010
A 5 BILLION PROFIT
The CEO of Danish group AP Moeller-Maersk, Nils Smedegaard Andersen said that in the first nine months of 2010, the subsidiary Maersk Line has grossed 4.2 billion dollars profit a year-end should reach five billion dollars.
In 2009, profit was stopped at 700 million dollars. Andersen argues that the growth of container transport is usually travels faster than the global gross domestic product, which is in a range between 2 and 3.5 per cent.
While developing countries are getting richer, Maersk wants to make a profit with more determination in these new areas of business. Over the past five years, Maersk has invested 3.5 billion dollars. The company's cash flow is expected to close at $ 10 billion through 2010, compared with 7.4 in the first nine months of the year.
MSC CRUISES EXPANDS IN SPAIN
In 2010, MSC Cruises has increased by 15% of passengers in Spain rose to 77,000 units. In the current year the increase would be around 10%, for a total of 85 000 people. In the summer there are new touch in Bilbao and La Coruna.
Source: Chamber of Labour Pozzallo
In 2010, MSC Cruises has increased by 15% of passengers in Spain rose to 77,000 units. In the current year the increase would be around 10%, for a total of 85 000 people. In the summer there are new touch in Bilbao and La Coruna.
Source: Chamber of Labour Pozzallo
Once again Maersk does it. This time they ordered 10 containerships with an option of additional 10, from Daewoo.
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Data:
18.000 TEU
Length 400m
Width 59m
Hight 73m
Take a closer look.
http://www.worldslargestship.com/
Data:
18.000 TEU
Length 400m
Width 59m
Hight 73m
Take a closer look.
http://www.worldslargestship.com/
^^
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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.
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.
Panamax I presume?
Sorry according to this, Panamax was something before these Triple-E class ships.:
http://en.wikipedia.org/wiki/Panamax
But the Suez might do it.:
http://en.wikipedia.org/wiki/Suez_Canal
Please correct me, if I´m wrong.
http://en.wikipedia.org/wiki/Panamax
But the Suez might do it.:
http://en.wikipedia.org/wiki/Suez_Canal
Please correct me, if I´m wrong.
They are even too big for the New Panamax dimensions.
Can't wait to see it in Rotterdam in a couple of years.
Can't wait to see it in Rotterdam in a couple of years.
CONFIRMED MEGA ODER BY $ 5.7 BILLION FOR MAERSK
The Danish group AP Moller - Maersk has formalized with Korean shipyards Daewoo (DSME) the contract perhaps more important in the history of shipping, which can reach a value of $ 5.7 billion if all options are exercised. The initial order is for ten container class 'Triple E' from 18,000 TEUs, with an option for another twenty units. The value of the first 'tranche' is $ 1.9 billion, equivalent to $ 190 million per vessel. Maersk has confirmed that it had already made an initial payment equal to 10% of the value of the first ten ships. The next three advances of 10% before the final balance of 60%. According to the manufacturer, the new development will be characterized by strong economies of scale, efficiency and attention to the environment. Equipped with two engines, the ships will be the product of the most advanced manufacturing technologies, with 50% reduction in carbon dioxide emissions than those currently used in the trade between Asia and Europe. The container of the series, with 400 meters long and 59 meters wide will be by far the largest ever designed, will be built in the shipyards of DSME Okpo, Korea. The start of the vessels in trade between Asia and Europe is planned for 2013.
The Danish group AP Moller - Maersk has formalized with Korean shipyards Daewoo (DSME) the contract perhaps more important in the history of shipping, which can reach a value of $ 5.7 billion if all options are exercised. The initial order is for ten container class 'Triple E' from 18,000 TEUs, with an option for another twenty units. The value of the first 'tranche' is $ 1.9 billion, equivalent to $ 190 million per vessel. Maersk has confirmed that it had already made an initial payment equal to 10% of the value of the first ten ships. The next three advances of 10% before the final balance of 60%. According to the manufacturer, the new development will be characterized by strong economies of scale, efficiency and attention to the environment. Equipped with two engines, the ships will be the product of the most advanced manufacturing technologies, with 50% reduction in carbon dioxide emissions than those currently used in the trade between Asia and Europe. The container of the series, with 400 meters long and 59 meters wide will be by far the largest ever designed, will be built in the shipyards of DSME Okpo, Korea. The start of the vessels in trade between Asia and Europe is planned for 2013.
MAERSK LINE ORDERS 10 SHIPS 18,000 TEU
According to numerous press sources not yet confirmed by the parties, Maersk Line said it would be with Korean shipyards Daewoo (DSME), the order for the construction of 10 containerships with nominal capacity of 18,000 TEUs, with an option for 10 more. The confirmation of the agreement should take place during the week, with a press conference in London the chief executive of Maersk Line, Eivind Kolding and the president and chief executive of DSME Nam Sang Tae. The price of new development should be in the range of $ 10,000 per slot 20 'equivalent to $ 180 million per vessel, if the capacity of 18,000 TEUs will be confirmed. The architecture of the vessels should be innovative, with a new design of the hull. The new development will certainly be used in trade between Asia and Europe, where the cranes of the sister company APM Terminals terminal can operate with a reach of more than 56 meters required for ships of class'Emma Maersk'. The Danish company was the first to design and order more than 10,000 teu ships. Between 2006 and 2008 took delivery of seven sister ships of the 'Emma Maersk', a ship 397 meters long with a listed capacity of initially 'just' 11,000 TEUs, compared to 15,550 TEUs now classified.
Source: Chamber of Labour Pozzallo
According to numerous press sources not yet confirmed by the parties, Maersk Line said it would be with Korean shipyards Daewoo (DSME), the order for the construction of 10 containerships with nominal capacity of 18,000 TEUs, with an option for 10 more. The confirmation of the agreement should take place during the week, with a press conference in London the chief executive of Maersk Line, Eivind Kolding and the president and chief executive of DSME Nam Sang Tae. The price of new development should be in the range of $ 10,000 per slot 20 'equivalent to $ 180 million per vessel, if the capacity of 18,000 TEUs will be confirmed. The architecture of the vessels should be innovative, with a new design of the hull. The new development will certainly be used in trade between Asia and Europe, where the cranes of the sister company APM Terminals terminal can operate with a reach of more than 56 meters required for ships of class'Emma Maersk'. The Danish company was the first to design and order more than 10,000 teu ships. Between 2006 and 2008 took delivery of seven sister ships of the 'Emma Maersk', a ship 397 meters long with a listed capacity of initially 'just' 11,000 TEUs, compared to 15,550 TEUs now classified.
Source: Chamber of Labour Pozzallo
MAERSK LINE STILL FIRST, MSC WHEEL
According to data from Containerisation International, with a capacity of 1,848,440 TEUs fleet of Mediterranean Shipping Co (MSC) has overtaken Maersk Line at the top of world rankings of container liner companies. But adding to that the ability of the Sisters of Maersk and Safmarine MCC Transport, the total capacity of the Danish group is still 9% higher than that of MSC.
Source: Chamber of Labour Pozzallo
According to data from Containerisation International, with a capacity of 1,848,440 TEUs fleet of Mediterranean Shipping Co (MSC) has overtaken Maersk Line at the top of world rankings of container liner companies. But adding to that the ability of the Sisters of Maersk and Safmarine MCC Transport, the total capacity of the Danish group is still 9% higher than that of MSC.
Source: Chamber of Labour Pozzallo
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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I made a new thread dedicated to the Triple E Class:
http://www.skyscrapercity.com/showthread.php?t=1380909
http://www.skyscrapercity.com/showthread.php?t=1380909
May 17, 2011
good container
Maersk profit boom
in the first quarter
Copenhagen-Danish group AP Moeller-Maersk has closed the first three months of the year with profits of 1.1 billion euro, an increase of 82 percent over the same period last year. From January to March 2011, the group that controls the shipping company Maersk Line had sales of $ 14.4 billion, an increase of 10 percent over the same period of 2010.
The company attributed the good result of the increase in container traffic and oil products, two of the main trade group. With regard to the first sector, Maersk Line has made a profit of 438 million dollars, compared to 169 in the first quarter of last year.
The volume of containers carried rose by about 5 percent, at an altitude of 3.6 million TEUs. Port activities related to management of the terminal, have been in profit for $ 139 million, an increase of 18 percent over the same period of 2010.
source: shippingonline.it
good container
Maersk profit boom
in the first quarter
Copenhagen-Danish group AP Moeller-Maersk has closed the first three months of the year with profits of 1.1 billion euro, an increase of 82 percent over the same period last year. From January to March 2011, the group that controls the shipping company Maersk Line had sales of $ 14.4 billion, an increase of 10 percent over the same period of 2010.
The company attributed the good result of the increase in container traffic and oil products, two of the main trade group. With regard to the first sector, Maersk Line has made a profit of 438 million dollars, compared to 169 in the first quarter of last year.
The volume of containers carried rose by about 5 percent, at an altitude of 3.6 million TEUs. Port activities related to management of the terminal, have been in profit for $ 139 million, an increase of 18 percent over the same period of 2010.
source: shippingonline.it
Makes the 18,000 TEU's of one Triple E seem small!
Good news.
Now in five more years they'll be building the next biggest ship :nuts:
Good news.
Now in five more years they'll be building the next biggest ship :nuts:
21 - 40 of 57 Posts
