The remaking of Maersk
Every seat was taken at the Royal Danish Opera House on Tuesday, where attendees at Capital Markets Day heard about how A.P. Moller - Maersk is delivering on the strategy, including the integration of Hamburg Süd, customer focus and digitisation.
A recent study has given Maersk Line new insight into the economic, social and environmental impact of its new WAFMAX vessels designed for West African ports.
In growth markets like Ghana and Nigeria, a lack of sufficient draughts and terminal facilities often prevent large ships from calling at local ports. Instead, these ports are clogged with small ships that spend a lot of time getting in and out, but carry very little cargo.
This double inefficiency drives up costs and limits capacity.
More capacity, greater productivity
To solve the challenge Maersk Line has ordered a total of 22 new 4,500 TEU West African Maxium – or WAFMAX – container vessels. Carrying more than twice as much cargo as most vessels that call these ports, the new WAFMAX vessels are designed to work around current port limitations.
The capacity of the vessels increases the ports overall productivity by delivering more cargo faster - the sheer length of the ship allows more cranes to operate simultaneously.
All of this reduces port turnaround time per vessel, which has an impact on total logistics costs and thereby on the prices of goods.