Maersk Shipping 'regrets' and orders new ships

2016-10-11 09:00

Maersk, which had recently decided against ordering new ships, has changed its mind. The reason for the change of heart is the scarcity of certain ship types on the market, such as feeder vessels. Refrigerated ( Product Library Purchase Supply ) Container ship ( Ship type Shipyard Trading )。

According to TradeWinds, several Chinese and South Korean shipyards are currently competing for an order from Maersk for four feeder reefer container ships. Maersk has requested quotes from these shipyards for four 3400TEU container ships, but it is unclear whether this deal includes optional orders.

It is understood that Maersk has requested quotes from Hyundai Mipo Dockyard and Samsung Heavy Industries in South Korea. The price quoted by these two South Korean shipyards is US$40 million per ship. The price offered by Chinese shipyards is about 10-20% lower than that of South Korean shipyards. It is reported that at least five Chinese shipyards have received Maersk's quotation for refrigerated container ships, including Yangzijiang Shipbuilding ( Location Comment News )、 Shanghai Shipyard ( Location Comment News )、China Shipbuilding and Qingdao Beihai Shipbuilding Heavy Industry ( Location Comment News It is reported that Hyundai Mipo Dockyard and Samsung Heavy Industries have withdrawn from the project because they could not compete with Chinese shipyards on price.

Industry insiders believe that Maersk needs to order a batch of feeder container ships for trade in South America and the Caribbean. In April last year, Maersk placed an order with China Shipbuilding for seven 3600TEU feeder vessels, scheduled for delivery between April and November 2017. This order also includes two optional orders, which have not yet been activated. Although the price of these new ships was not disclosed at the time, market insiders believe that the price of each ship is about US$39 million. The feeder vessels ordered by the company last year are 200 meters long and are used by Maersk's subsidiary Seago Line for operations in Northern Europe.

Although Maersk chairman Michael Pram Rasmussen previously told Bloomberg that the company had stopped ordering new ships and might consider expanding its fleet through mergers and acquisitions, this does not rule out the possibility of Maersk ordering ships to fill gaps in its fleet.

Recently, Maersk announced that it had ordered 14,800 refrigerated containers in 2016. Maersk said it would continue to invest in and modernize its reefer fleet, including using the latest technologies in the supply chain. With the commissioning of new equipment, the Maersk Group will offer a stronger product portfolio to enhance customer satisfaction.

Currently, Maersk has the world's largest reefer container fleet, with over 270,000 reefer containers.

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