Maersk Line has announced plans to build seven new 3,600 teu ships, following an agreement with COSCO Shipyard Co, as part of the company’s new-build investment programme.
“Our strategy is to grow with the market and to do so we need new vessels from 2017. We expect to place additional orders this year,” said Søren Toft, chief operating officer at Maersk Line.
Over the next five years, Maersk Line will invest US$15bn in new container vessels and equipment. This initial order is for the Maersk-owned Seago Line, which will trade the ships in Northern Europe, the Mediterranean and the Baltic regions, replacing several smaller ships.