From today’s article Maersk Line CEO: “The Shipping Market Isn’t Sustainable”
Some comments on our Facebook page question the rationale behind Maersk’s nearly $4 billion plan to build 20 Triple-E class containerships. They made the call on this about a year ago, according to their press release.
The purpose of these ships is to increase economy of scale, cope with an increase in global commerce, and reduce the carbon footprint of this industry. I believe Maersk planned for the future when designing and ordering these ships. They weren’t being greedy, as others may suggest. I believe they were being sensible. Consider also the massive investment in port infrastructure that Maersk-owned APM Terminals is putting forward. It’s enormous.
It’s all good stuff for the shipping industry and global commerce. Others may disagree however.