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Maersk to pay up to $100m less overall for megashipsMaersk to pay up to $100m less overall for megaships

As it launches the first of its Triple-E class mega-containerships, AP Moller-Maersk will pay about $100m less than expected for its overall order of 20 ships from Daewoo Shipbuilding & Marine Engineering (DSME), reports said.

Vincent Wee, Hong Kong and South East Asia Correspondent

June 17, 2013

1 Min Read
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Maersk said it now expects to pay about $185m on average per vessel, against previous expectations of about $190m.

Maersk's first vessel is expected to be operational on Asia to Europe routes on 28 June, with an additional four vessels to be delivered this year, while the remaining 15 will be delivered in 2014 and 2015.

About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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