Maersk Inks Letter Of Intent

Credit: Kelly/Pexels

Maersk entered into a letter of intent with Yangzijiang Shipbuilding for the construction of eight, plus an optional four, 8,000-TEU wide-beam container vessels, says an article published on Riviera.

Larger feeder-sized vessels

BRL said if Maersk firms the letter, the cost per ship will be US$115M.

This is part of a trend which has now seen more than 100 larger feeder-sized vessels, some now more than 9,000 TEU.

Economy of scale 

“The long-term outlook is that feeders will continue to earn good money for their owners, as older vessels of small capacity fail to compete on economy of scale and are offered up for recycling. A big change is happening at great pace,” the consultancy’s newsletter said.

First green methanol ship

In April, Maersk launched its first green methanol ship. It made an initial order for eight carbon-neutral, methanol-fuelled container vessels, with an option for four more vessels in 2021.

According to DNV’s Alternative Fuels Insight platform, there are currently 75 methanol fuelled container ships on order – much higher than all other ship sectors.

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Source: Rivieram