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Maersk Signs Contract With Daewoo For 10 Of Worlds Largest Ships  
Published:  3/24/2011 2:16:50 AM
Company Web Site:  http://www.pacifictycoon.com
Category:  Business
Last Visited 5/18/2012 3:37:41 PM
View Count 87




Press Release:

Maersk Line recently signed a contract with Koreas Daewoo Ship-building & Marine Engineering Company Ltd to build 10 of the worlds largest and most efficient vessels in the Triple-E class, with an option for an additional 20 vessels. This was announced in a statement by the media adviser to Maesk Nigeria Ltd Bolaji Akinola which said with these liners, Maersk will change entirely the shipping industrys understanding of size and efficiency. The arrangement known as Triple-E class for the three main purposes behind their creation - Economy of scale, Energy efficiency and Environmentally improved.
These new container vessels, it was gathered, do not just set a new benchmark for size, but will surpass the current industry records for fuel efficiency and CO2 emissions per container moved held by the Emma Moersk class vessels.

The vessels are 400 metres long, 59 metres wide and 73 metres high, the Triple-E is the largest vessel of any type on the water today. Its 18,000 TEU (twenty-foot container) capacity is 16 percent greater (2,500 containers) than todays largest container vessel, Emma Moersk.

The Triple-E will produce 20 percent less CO2 per container moved compared to Emma Moersk and 50 percent less than the industry average on the Asia-Europe trade lane. In addition, it will consume approximately 35 percent less fuel per container than the 13,100 TEU vessels being delivered to other container shipping lines in the next few years, also for Asia-Europe service.
The Triple-E vessel is a significant step towards addressing the environmental challenges associated with transporting goods around the world. Each vessel will cost $190 million. Besides its size, which provides vastly superior economies of scale compared to other vessels (more cargo means less CO2 per container moved), the efficiency of Triple-E comes from its innovative design. Such innovations signal great potential for growth in the shipping industry and an amazing scope for investments in shipping containers. Investment management companies like Pacific Tycoon can help investors with safe high yield investments that convert into great profits.

About Pacific Tycoon
Pacific Tycoon gives investors a chance to be part of high yield investments program and earn profits. With the shipping market picking up after global recession, investors can earn great profits by investing in shipping. With up to 30% high yield ROI, Pacific Tycoon offers high yield investment opportunities for those who want to earn big in the international trade. Find out more at www.pacifictycoon.com.


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