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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Main Author: Elsayed Hussein Galall
Format: Article
Language:English
Published: Academy Publishing Center 2015-08-01
Series:Renewable Energy and Sustainable Development
Subjects:
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>
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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