Maersk Line

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Maersk Line
Type Private
Industry Container shipping
Founded 1928
Headquarters Copenhagen, Denmark
Area served Worldwide
Key people Soren Skou (CEO)
Revenue US$25.82 billion (2011)
Owner(s) A.P. Moller-Maersk Group.
Employees 25,000 (2012)
Website MaerskLine.com
Maersk Line ship passing through the Statue of Liberty

Maersk Line is the global container division and the largest operating unit of the A.P. Moller – Maersk Group, a Danish business conglomerate. It is considered the largest container shipping company in the world by revenue and employs approximately 25,000 people.[1][2] Maersk Line operates over 600 vessels and has a capacity of 2.6 million TEU (Twenty-foot Equivalent Units).[3] The company was founded in 1928.[4]

Fleet

As of July 2011 Maersk Line fleet comprises more than 600 vessels and a number of containers corresponding to more than 3.8 million TEU (Twenty-foot equivalent unit)[5]

In 2006, the largest container ship in the world to date, the E-class vessel Emma Maersk, was delivered to Maersk Line from Odense Steel Shipyard.[6]

Seven other sister ships have since been built, and in 2011, Maersk ordered 20 even larger container ships from Daewoo, the Triple E class, each with a capacity of 18,000 containers. The first of these Triple E Class ships was delivered on June 14, 2013 and was christened with the name Mærsk Mc-Kinney Møller after the founder of the Maersk Line.[7]

Sustainability

In 2011-12, Maersk Line cooperated with the US Navy on testing 7-100% algae biofuel on the Maersk Kalmar.[8][9]

Management

On December 19, 2011, it was announced that Søren Skou will take over as CEO of Maersk Line from Eivind Kolding, effective from 16 January 2012.[10][11]

The management board, led by Søren Skou, is responsible for the daily management, and the members are (as of February 2012):

  • Søren Skou, Chief Executive Officer
  • Stephen Richard Schueler, Chief Commercial Officer
  • Morten Engelstoft, Chief Operating Officer
  • Jakob Stausholm, Chief Strategy, Finance & Transformation Officer
  • Vincent Clerc, Chief Trade & Marketing Officer
  • Michael Chivers, Head of Human Resources

[12]

See also

References

  1. "Alphaliner – Top 100 Operated Fleets As Per 25 September 2012". Alphaliner. Retrieved September 25, 2012. 
  2. Flemming, Emily Hansen (September 25, 2012). "Maersk To Cut Capacity and Raise Rates". Wall Street Journal. Retrieved September 25, 2012. 
  3. "Company Facts and Information". Maersk Line. Retrieved September 25, 2012. 
  4. "About Us - Milestones". Maersk Line. Retrieved September 25, 2012. 
  5. Maersk Line Facts on www.maerskline.com
  6. "Maersk Line". maerskline.com. Retrieved 2009-07-20. 
  7. http://www.maerskline.com/link/?page=news&path=/news/story_page/13/first_Triple-E
  8. Maersk and the Navy Join Hands for Biofuels Testing
  9. Geiver, Luke. BioRefining Magazine, 21 November 2011. Accessed: 13 December 2011.
  10. Bloomberg: "Danske Bank Names Chairman Kolding CEO"
  11. Announcement December 19, 2011: "Søren Skou will take up the position as CEO of Maersk Line"
  12. Management on www.maerskline.com
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