The world’s biggest container line will order new ships for the first time in four years as the industry shakes off its worst crisis in four decades.
Nils Smedegaard Andersen, the chief executive officer of A.P. Moeller-Maersk A/S, said the Danish company may focus on purchasing smaller vessels than it has bought in the past.
“The lower the oil price gets, the less benefit the larger ships offer,” he said in an interview from Copenhagen. “We’re not making long-term plans based on what the oil price is exactly today, but nevertheless we’re currently looking into what effect the low oil price should have on our vessel size.”