Smaller Vessels are the Biggest Thing Going On in Contaner Shipping
Date: Wednesday, November 28, 2018
Source: The Wall Street Journal
Maritime giant Maersk Line is in talks with Jiangnan Shipyard to buy up to 10 small container ships, the WSJ Logistics Report’s Costas Paris writes, joining a growing list of operators investing in feeder vessels as operators reshape services. The Maersk order would cover ships with a capacity of about 2,200 containers and be able to transfer cargo to and from bigger vessels at sea. The world’s big operators are investing in feeder ships as they slow their expanded use of megaships that have boosted capacity on major trade lanes. Ship brokers say around 120 feeder ships have been ordered this year, and Maersk rival CMA CGM recently bought a European regional operator. The smaller ships have more flexibility and fit with broader efforts by shipping lines to offer more expansive end-to-end logistics services.