Triple –E Vessels: Tonnage Measurement and Suez Canal Dues Assessment

Elsayed Hussein Galall

Abstract


Container is growing faster than GDP, Shipping lines always attempt to augment efficiency
by reducing cost and by attracting larger volumes of containers. As a result rising container
freight rates the lines have been driven to increase economic of scale, by building mega ships
and fewer mere efficient port calls.
In 2011 Maersk line ordered up to 20 new “Triple- E “Class of container vessels delivers
between 2013- 2015. These class of mega container vessels have its way through Suez Canal,
other companies CMA, CGM also ordered this type of mega container vessels, in order to
reach higher profits due to the achieved economics of scale It is believed that 20000 TEU
could be the next target size.
Present mega container fleet and any future feasible potential vessel capacity expansion
more than 18000 TEU put Suez Canal route in strong competitive position. Meanwhile
Panama Canal will not be able to handle vessels larger than 12600 TEU even after its
expansion in 2015.


Keywords


Triple – E Vessels – Tonnage measurement – Suez Canal rules

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References


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DOI: http://dx.doi.org/10.21622/resd.2015.01.1.184

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