(Kyunghee Park – Bloomberg)
A.P. Maersk-Moeller A/S (MAERSKB)’s planned fleet of the world’s largest container vessels will be as groundbreaking for their shape as their size.
The 20 ships will be the first cargo-box carriers with rounded hulls rather than streamlined V-shaped ones, according to Daewoo Shipbuilding & Marine Engineering Co. (042660), which is developing the 18,000-container vessels. The change reflects a shift by operators away from designing ships to go as fast as possible to instead emphasizing fuel economy.
“These vessels will be the Prius of the seas,” said Lee Jae Won, an analyst at Tongyang Securities Inc. (003470) in Seoul, referring to Toyota Motor Corp.’s distinctively-shaped hybrid car. “They’re fuel efficient and environmentally friendly.”
[...] Combined with other technologies, the ships will use about 35 percent less fuel per box than vessels now used on Asia-Europe routes and produce around 50 percent less carbon emissions, according to Maersk. Read more here.