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 |
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author | Elsayed Hussein Galall |
author_facet | Elsayed Hussein Galall |
author_sort | Elsayed Hussein Galall |
collection | DOAJ |
description | <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> |
first_indexed | 2024-03-12T01:40:28Z |
format | Article |
id | doaj.art-a42556b368934da98190efad6d078645 |
institution | Directory Open Access Journal |
issn | 2356-8518 2356-8569 |
language | English |
last_indexed | 2024-04-24T22:59:48Z |
publishDate | 2015-08-01 |
publisher | Academy Publishing Center |
record_format | Article |
series | Renewable Energy and Sustainable Development |
spelling | doaj.art-a42556b368934da98190efad6d0786452024-03-17T15:35:46ZengAcademy Publishing CenterRenewable Energy and Sustainable Development2356-85182356-85692015-08-011118419010.21622/resd.2015.01.1.18419Triple –E Vessels: Tonnage Measurement and Suez Canal Dues AssessmentElsayed Hussein Galall<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>http://apc.aast.edu/ojs/index.php/RESD/article/view/16triple – e vessels – tonnage measurement – suez canal rules |
spellingShingle | Elsayed Hussein Galall Triple –E Vessels: Tonnage Measurement and Suez Canal Dues Assessment Renewable Energy and Sustainable Development triple – e vessels – tonnage measurement – suez canal rules |
title | Triple –E Vessels: Tonnage Measurement and Suez Canal Dues Assessment |
title_full | Triple –E Vessels: Tonnage Measurement and Suez Canal Dues Assessment |
title_fullStr | Triple –E Vessels: Tonnage Measurement and Suez Canal Dues Assessment |
title_full_unstemmed | Triple –E Vessels: Tonnage Measurement and Suez Canal Dues Assessment |
title_short | Triple –E Vessels: Tonnage Measurement and Suez Canal Dues Assessment |
title_sort | triple e vessels tonnage measurement and suez canal dues assessment |
topic | triple – e vessels – tonnage measurement – suez canal rules |
url | http://apc.aast.edu/ojs/index.php/RESD/article/view/16 |
work_keys_str_mv | AT elsayedhusseingalall tripleevesselstonnagemeasurementandsuezcanalduesassessment |