my ship is bigger than yours it sounds like a playground taunt but it's what M can say to its Rivals after unveiling the world's biggest containership to huge public interest here in Copenhagen The Majestic MK is one of the Danish group's new Triple E ships it can transport the equivalent of 18,000 20t containers which laid end to end which stretch for 110 km or to put it another way it could transport 180 million iPads or 114 million pairs of Nike shoes MK has ordered 20 Triple E each a quarter of a mile long and the
Danish company is hoping that their size will improve the economics on the crucial Asia to Europe trade routes while saving money on fuel it can carry more uh using the same fuel so we ended up with a construction that actually could reduce the CO2 consumption per container carried from Asia to Europe with 50% versus the existing Fleet which was a fantastic step forward and and that's why we're so proud of it and that's also when people ask whether it was too big and the wrong timing and so on that that we take it very easy
because this is a cost-saving initiative that will give us very good returns MK faces questions about the timing of its order as the shipping industry remains plagued by overc capacity while rates are still low amid weak global trade it's planning to fill it with only the equivalent of 14,220 Ft containers to begin with the container shipping industry has changed the world with its ability to transport ever more Goods cheaply but the big question for mer though is can it fill up these vast Triple E fully and profitably Richard mil Financial Times Copenhagen [Music]
