Triple –E Vessels: Tonnage Measurement and Suez Canal Dues Assessment
<p>Container is growing faster than GDP, Shipping lines always attempt to augment efficiency<br />by reducing cost and by attracting larger volumes of containers. As a result rising container<br />freight rates the lines have been driven to increase economic of scale, by building m...
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| Format: | Article |
| Language: | English |
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Academy Publishing Center
2015-08-01
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| Series: | Renewable Energy and Sustainable Development |
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| Online Access: | http://apc.aast.edu/ojs/index.php/RESD/article/view/16 |
| Summary: | <p>Container is growing faster than GDP, Shipping lines always attempt to augment efficiency<br />by reducing cost and by attracting larger volumes of containers. As a result rising container<br />freight rates the lines have been driven to increase economic of scale, by building mega ships<br />and fewer mere efficient port calls. <br />In 2011 Maersk line ordered up to 20 new “Triple- E “Class of container vessels delivers<br />between 2013- 2015. These class of mega container vessels have its way through Suez Canal,<br />other companies CMA, CGM also ordered this type of mega container vessels, in order to<br />reach higher profits due to the achieved economics of scale It is believed that 20000 TEU<br />could be the next target size. <br />Present mega container fleet and any future feasible potential vessel capacity expansion<br />more than 18000 TEU put Suez Canal route in strong competitive position. Meanwhile<br />Panama Canal will not be able to handle vessels larger than 12600 TEU even after its<br />expansion in 2015.</p> |
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| ISSN: | 2356-8518 2356-8569 |