“If Maersk Line needs to grow, it doesn’t make sense to order new ships as there are already too many ships in the market,” Rasmussen said. As recently as 2015, Maersk Line placed orders with ship yards Daewoo Shipbuilding & Marine Engineering Co., with Hyundai Heavy Industries Co. and with Cosco Shipyard Co. They are the second-generation version of the so-called Triple-E class vessels that Maersk developed with Daewoo. “It has previously made a lot of sense when we went out and ordered specific vessels,” Rasmussen said. Rasmussen said Maersk Line is “well-equipped and ready,” for acquisitions.

Source: Mint September 23, 2016 12:33 UTC