25,000 TEU a possibility, says Maersk Line CEO

Soren Skou tells JOC that 25,000 TEU ships are possible but not practical, 18,000 and 19,000 TEU likely to remain the largest for some time yet
25,000 TEU a possibility, says Maersk Line CEO

The CEO of Maersk Line, Soren Skou, has told the Journal of Commerce that container ships of 25,000 TEU are possible to build but said that they are impractical for today's shipping market, adding that he expects today's 18,000 and 19,000 TEU vessels to remain the largest afloat for some time yet.

He said that there are no reasons why such a vessel could not be built, but said that he didn't expect that to happen unless the market grows rapidly. “If you deploy 25,000 TEU ships, you have enough cargo for a basically two strings. That’s not a competitive product. You need to be able to offer five or six sailings per week. Unless the market really starts to grow very very fast, I don’t think you're going to see 25,000-TEU ships anytime soon,” Skou said.

Skou also confirmed that Maersk Line would make a decision in Q2 on whether to order more ships for the first time since 2011, when it ordered 20 Triple E class containers, then the largest vessels on the water. It is likely that more Triple E vessels will be ordered as Maersk seeks to maintain its market leadership.

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by Tom Holmes

Marine Trader Editor

Tom Holmes is the Editor of Marine Trader and readmt.com, the official publications of the International Marine Purchasing Association (IMPA). To discuss news, features or contributing to Marine Trader please get in touch.

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