News / Triple-E ships boost Maersk’s Asia–North Europe capacity by 15% in their first year

first_imgBy Mike Wackett 08/07/2014 According to Alphaliner, Maersk Line’s weekly Asia–North Europe capacity increased 15% year-on-year as of July, largely due to the phasing-in of 18,270teu Triple-E ships to the carrier’s flagship AE10 service, replacing 15,500teu E-class ships.These Emma Maersk-class ships have been cascaded onto the Danish carrier’s AE-2 loop, which had deployed vessels of around 8,500teu.The failed P3 concept was all about rationalisation to achieve significant cost savings for Maersk, MSC and CMA CGM, and the deployment of the Danish ultra-large containerships was a key component in this strategy.Apart from some tinkering with schedules, the long-term implications of the last month’s unexpected Chinese P3 veto are yet to become fully apparent. The three carriers are all playing their strategy cards close to their chest. It will probably fall to AP Møller-Maersk chief executive Nils Andersen to answer investor questions on future plans for its container line at the group’s second-quarter results presentation on August 19.Last month, Vincent Clerc, chief trade and marketing officer, could not hide his disappointment at the Chinese decision: “P3 would have provided Maersk Line with a more efficient network and our customers with a better product,” he said.After more than a year of preparatory work, whatever the reaction in the boardroom in Copenhagen to the news from China, Mr Clerc and Mr Andersen are keen not to burn bridges in Asia and will want to stress Maersk’s 80 years of close co-operation with the Chinese – and will now doubt, for the added benefit of anxious investors, shrug off the impact of the aborted P3 on its full-year results.Mr Andersen said: “The P3 alliance would have enabled Maersk Line to make further reductions in cost and CO2 emissions and not least improve its services to its customers with a more efficient vessel network. Nevertheless, I’m quite confident Maersk Line will accomplish those improvements anyway. It has delivered on those improvements over the last five quarters in the absence of P3 and I’m confident it will continue to do so.”But now that the P3 plans have been scuppered, and despite rumours persisting of a possible ‘P2’ alliance between Maersk and MSC, all three carriers will have to reassess their capacity requirements.Of Maersk Line’s 560-strong vessel fleet, almost 300 ships are chartered-in and many of those are on flexible short-term deals, a point made by Mr Andersen during the group’s first-quarter interim report, when he said: “We can redeliver a large number of our chartered-in ships in a short time-frame.”For Maersk, this could provide an answer to its current post-P3 capacity dilemma – assuming that the larger owned ships can be successfully cascaded into smaller trades.last_img read more

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Marin Sego to Montpellier Handball?

first_imgRecommended for you Related Items:Marin Sego, Montpellier handball Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment. Click to comment VIDEO: Soussiiii Croatia secure 3 points for Main Round ShareTweetShareShareEmailCommentsNot Telekom Veszprem, neither RK Vardar Skopje. According several source, the Croatian NT and MOL Pick Szeged goalkeeper, Marin Sego, will play at French vice-champions Montpellier Handball from the next season.The 33-years old Croatian goalie has a very good period with Hungarian champions. Previously, Sego was a part of golden PGE Vive Kielce’s generation which won EHF Champions League in 2016.The Croat born in Medjugorje (Bosnia and Herzegovina) played also at Orlen Wisla Plock, PPD Zagreb and HRK Izvidjac Ljubuski.He should replace Vincent Gerard who will join PSG Handball in June 2019. ShareTweetShareShareEmail Simonet saves point for Montpellier against Nanteslast_img read more

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Lab testing confirms Mullen $10,000 richer

first_imgVINTON, Iowa (July 2) – Samples of the tires Mike Mullen used in winning the Clash at the Creek special for IMCA Xtreme Motor Sports Modifieds have passed testing conducted at an independent laboratory. The June 26 victory at Francis Creek paid $10,000. This was the second time this season tire samples have been sent for testing. IMCA officials indicated sampling will continue throughout the 2014 point season.last_img

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Nationals beat Braves 4-3: 6/21/19

first_imgPlease follow and like us: The Washington Nationals beat the Atlanta Braves on Friday evening at Nationals Park in regular season action. The Nats record currently stands at 37-38. The Braves drop to 44-32. In the bottom of the fourth inning, Robles tripled to deep right center, Dozier scored. Also, in the bottom of the fourth, Michael A. Taylor sacrificed to pitcher, Robles scored. In addition, in the bottom of the fourth, catcher Yan Gomes homered to left (447 feet). Stephen Strasburg pitched a very strong six innings for Washington. Strasburg allowed five hits and five strikeouts while pitching. Tony Sipp allowed one hit and one strikeout in relief for Washington.center_img With a win over the Braves, the Nationals play game two of the series this evening at 7:15pm. Pitching for the Nationals will be Anibal Sanchez. At the bottom of the fifth, third baseman Anthony Rendon singled to shallow left, Juan Soto scored.last_img read more

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