PortandTerminal.com, February 12, 2020
In order to match both alliance partners and competitors, Hapag-Lloyd plans to order six new 23,000-teu container ships. Some say that it makes no sense.
HAMBURG, GERMANY – A Hapag-Lloyd spokesperson confirmed on the Danish website ShippingWatch today that the shipping line plans to order 23,000-teu container ships.
The purchases are to be made this year or in 2021 “depending on how the market develops and on the judgment of the board of directors“. The shipping company does not yet know on which fuel the new mega carriers will sail.
That sounds a bit cagey so is it really a firm order? Time will tell. Hapag has reasons to order the larger box ships but perhaps better ones to hold off.
Hapag-Lloyd is part of THE Alliance together with ONE, Yang Ming and (from 1 April) HMM. The three alliance partners have also announced that they will too will order megamax ships. All the more reason for Hapag to take full advantage of the economies of scale with this order if they have their minds set on doing it.
Not everyone is convinced though that the larger box ships make sense. Søren Skou, CEO of AP Moller-Maersk, is on record saying that he has no intention of building larger container ships.
Skou said investments for Maersk going forward would be elsewhere rather than on so-called megamaxes, a ship type he likened to Airbus’s A380 aircraft, which has proven to not be a commercial success. Skou observed that megamaxes are only suited for a few ports around the world.
Skou is not alone in this viewpoint.
Other articles you may find interesting
Copyright © 2019 PortandTerminal.com. All rights reserved. This material may not be published, broadcast, written or redistributed.