In This Maersk Triple E vessels ,There are some significant factors that contributing the building of Maersk Triple E.
1. To maximizing the revenue of Maersk in containerization business… Søren Skou is the CEO of Maersk Line, which is the largest container Shipping company and the flagship company of the Danish conglomerate A.P Møller – Maersk Group. He was taking the responsibilities in commanding Maersk in challenging time, slow global economy flows bring the rates of containers low. While the fuel price still at higher level. In some trade lane , some other containerize companies including Maersk itself doesn’t meet the cost of deploying its large and expensive container ship.
Figure 1.1 There are 3 largest cost for most Shipping companies , terminal cost, vessel cost and fuel cost. This cost if combine altogether will make 75% costs.
A) Terminal Cost Every container was handled 3-4 times at the terminals per journey and each terminal , the operators had to pay fixed fee to dock the vessel, per container for load and unloading also storing on land until being sent to another vessel. Each seaport run by local authority while the terminal were run by private operator. The containers terminal operators dominates the market by 4 global portfolio with combinesharing almost 30%. While others are largely single location operators.
B) Vessel cost. The