From: Bill DiBenedetto, Triple Pundit, More from this Affiliate
Published February 23, 2011 08:37 AM

Huge Maersk Triple-E Ships Get "E" for Effort, and Expense

Maersk Line, the world's largest container ship operator, is building a fleet of the world's largest container vessels—a deal that includes 10 firm orders and another 20 on option for a total potential cost of $5.7 billion—to transport freight in the Asia-Europe trade.


The Danish company is calling these behemoths—each capable of carrying the equivalent of 18,000 twenty-foot containers—the Triple-E. That’s for economy of scale, energy efficiency and environmentally improved.

The latter item is a major marketing point, especially for shippers with sustainability and environmental commitments in mind for their products and supply chains. Maersk contends that the ships will bring significant environmental improvements in terms of reduced emissions to the shipping table; kind of a more is less approach. The company claims the vessels will produce "the lowest possible amount of CO2 emissions — an astonishing 50 percent less CO2 per container moved than the industry average on the Asia–Europe trade."

"International trade will continue to play a key role in the development of the global economy; but, for the health of the planet, we must continue to reduce our CO2 emissions," says Maersk Line CEO Eivind Kolding. Emission reductions are "not only a top priority for us, but also for our customers, who depend on us in their supply chain, and also for a growing number of consumers who base their purchasing decisions on this type of information," he continues.

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