Bloomberg:
The biggest of all the behemoths—the biggest ships in the world—are being built at the DSME yard for the Danish shipping line A.P. Møller-Maersk (MAERSKB:DC). They’re container vessels that will ply the route between Northern Europe and China. The new class of ship is called the Triple-E, and Maersk has ordered 20, at a cost of $185 million each. They’re 1,312 feet long, 194 feet wide, and weigh 55,000 tons empty. Stand one on its stern next to the Empire State Building, and its bow would loom over the heads of those on the observation deck; a single link from its anchor chain weighs 500 pounds. In early May the first Triple-E, the M/V Maersk Mc-Kinney Møller, named after the shipper’s former chief executive officer (and the son of its founder), was moored at one of DSME’s quays, nearing completion.Honestly, this is definitely one of the coolest engineering stories I've ever paid attention to. I recommend everybody reads it.
A cargo vessel of this size was unimaginable a half century ago, when the first container ship sailed from Newark, N.J., to Houston carrying 58 containers. Twelve years later the biggest container ship carried 1,200, and by 1996 the Regina Maersk class had a capacity of more than 6,000 20-foot equivalent units, or TEU. The size of the vessels and the economies of scale they bring have made transportation a vanishingly small part of the prices consumers pay and made possible a world in which Americans eat bananas grown in Ecuador while wearing designer knitwear from China.
The Triple-E’s capacity is 18,000 TEU. (Most containers today are 40 feet long, so the number carried will be closer to 9,000.) Laid end to end, a single Triple-E’s shipping containers would stretch for 68 miles. “In the late 1990s we were like, ‘Oh my God, a 6,000-TEU ship,’ ” says Peter Shaerf, a managing director at AMA Capital Partners, an investment bank specializing in the maritime industry. “Then you go to 13,000 and now 18,000. I don’t know where it stops.” Practically speaking, a Triple-E, in one trip, could take more than 182 million iPads or 111 million pairs of shoes from Shanghai to Rotterdam. Such a trip would take 25 days and burn 530,000 gallons of fuel. That comes to 0.003 gallons per iPad.
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