Bloomberg News

Maersk Line Probably Won’t Order Last 10 Ships in Daewoo Order

June 27, 2011

June 27 (Bloomberg) -- Maersk Line, which today exercised an option for 10 new container ships which can each carry 18,000 20-foot containers, said it probably won’t use the last option for an additional 10 vessels.

“At this point Maersk Line does not intend to exercise the option,” the Copenhagen-based company, a unit of A.P. Moeller- Maersk A/S, said today on its website. “However, Maersk Line will reserve its right to hold off on any final decision until the deadline,” which is at the end of December this year.

Daewoo Shipbuilding & Marine Engineering Co. today said that Maersk Line had used its first option to order 10 ships, bringing the order to 20 vessels.

To contact the editor responsible for this story: Christian Wienberg at cwienberg@bloomberg.net


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