Maersk’s new 20-strong series of Triple E vessels are being built at Daewoo Shipbuilding and Marine Engineering’s Ogpo Bay yard on Geoje Island at a cost of $190 million each. The vessels are 399.25 meters long and 73 meters high and boast capacity of 18,270 TEUs, more than the 18,000-TEU originally admitted by Maersk.
The “Triple E” name is derived from the economy of scale, energy efficiency and environmental improvements Maersk claims the vessels will offer because of a range of design innovations including a new hull design and energy-efficient engine and waste heat recovery systems that will reduce fuel consumption per container by 35 percent compared to Maersk’s previous largest vessels — the E-series that offer 15,500-TEU capacity.
The ships have a design speed of 23 knots, but on front-haul and backhaul legs are expected to steam at closer to 16 to 18 knots and 10 to 12 knots, respectively, in line with the current super-slow-steaming strategies employed by most carriers to help reduce fuel costs and limit the impact of excess vessel capacity on freight rates.
A visit by JOC special correspondent Mike King to Ogpo suggested the first of the new Triple E ships will be named Maersk Mc-Kinney Moller after the son of the founder of A.P. Moller-Maersk Group, Arnold Peter Moller, and his American mother, Chastine Estelle Mc-Kinney.
Maersk Mc-Kinney Moller (1913-2012) is remembered in Denmark as one of the country’s most distinguished industrialists and generous philanthropists. He took his first management position at A.P. Moller in 1938 and became CEO and chairman of the company on his father's death in 1965. Although he stood down as CEO in 1993, he remained as chairman of the board until 2003. Even at the age of 98 he was seen walking up the stairs to his sixth floor office at group headquarters in Copenhagen.
The Maersk Mc-Kinney Moller is due for sea trials in the coming weeks with its first port call scheduled for July 14 at the Port of Busan, the nearest major port to DSME’s facility.