When you are an industry leader, as well as the biggest container shipping company in the world, people expect big things from you; whether it be big innovations, big improvements and/or big profits.
In the last couple of years Maersk Line has proven that the international container shipping – contrary to some critics’ opinion, is progressing, profitable and prospering. It has set the global example for other shipping lines by consistently making improvements and investments to increase the value of its contributions to the industry’s progression and constant evolution.
1. Delivered on Environmental Commitments.
One of the newest challenges facing the international shipping industry is legislation and regulations aimed at reducing the carbon dioxide output of the world’s cargo vessels. For shipping companies, the commitment is costly.
Individual commitment to a group effort – that is what makes a team work, a company work, a society work, a civilization work. – Vince Lombardi
Setting the example and leading the industry, the container shipping division of A.P. Moller Maersk has taken their environmental responsibilities seriously and made investments that reduced their CO2 output by 12 percent in 2014.
2. Delivered on Growth & Expansion.
Given that freight rates have proven to be very volatile, Maersk Line has positioned itself to be more efficient, by cutting operating costs per TEU. This has been accomplished through the investment of its Triple E fleet.
Growth is the great separator between those who succeed and those who do not. When I see a person beginning to separate themselves from the pack, it’s almost always due to personal growth. – John C. Maxwell
But, the container shipping giant has not stopped there. In 2015, the company announced the purchase of Ten 20,000 TEU cargo ships to be added to its existing fleet of post-panamax vessels.
3. Delivered Big Profits Despite Obstacles & Challenges.
Despite over-capacity issues and falling cargo rates challenging the industry, it has taken strategic investment and industry-leading insight to deliver profits in the markets’ most adverse conditions.
The only use of an obstacle is to be overcome. All that an obstacle does with brave men is, not to frighten them, but to challenge them. – Woodrow Wilson
Addressing these challenges is something that Maersk Line has done very well. Whether it be attributed to their Triple E’s economies of scale or operational efficiency, in the last year Maersk Line has achieved a profit increase of 55 percent and recorded the company’s best ever Quarterly results.
Creating & Preserving a Prosperous Economic Environment.
The last half-a-decade has tested the perseverance of the world’s leading container shipping lines. Some have made operational alliances – like Maersk Line’s 2M partnership with the Mediterranean Shipping Company, while others have made strategic investments and mergers.
Regardless of the approach to adverse marketing conditions, their contributions have helped to create and preserve a prosperous economic environment that supports Maersk’s forecast for container demand and highlights the need for ongoing container leasing investment.