“If you look at our current order book and also the capacity we are able to return to charter owners, which is roughly 20%, we are in a pretty good position,” says Toft.
“We are expecting to grow this year, and expecting global growth of about 3%, but if those things don’t happen we also have a powerful ability to adjust our network to changing conditions in a way that many other shipping lines do not have.”
It is what Maersk Line calls active capacity management and it includes other tools like recycling old ships and idling unneeded ones among others, to help it more accurately match supply with demand in its network. The decision to delay the second order of the 15,226 TEU H-Class ships by six months is also an example.
Efficiency and flexibility in focus
The new vessels continue the tradition within Maersk of improving efficiency. All of the new vessel types are designed and optimised for how the vessels are expected to operate, including which speeds will be sailed and what cargo will be loaded; however, the primary efficiency improvements in all of the new vessels are due to increases in container carrying capacity, which lowers energy usage and costs per container carried.