Germanischer Lloyd has conducted research showing that new and efficient 4,500-TEU panamax

GLOBAL TRADES & TECHNOLOGY

Germanischer Lloyd: 4,500-TEUers deliver best savings per box mile

CLASSIFICATION society Germanischer Lloyd has conducted research showing that new and efficient 4,500-TEU panamax vessels enjoy the most substantial difference fuel and cost savings.

Speaking to the Connecticut Maritime Association’s CMA Shipping 2013, in Stamford, Germanischer Lloyd vice-president Albrecht Grell said costs decline 47 per cent decline for new panamax ships, against 27 per cent for 2,500-TEU ships and 35 per cent for 9,000 TEUers.

The classification society found that the cost per 1,000 container miles was almost the same for new, fully optimized 4,500-TEU ships as with 13,000-TEUers at around US$40. This fell to $29 for ultra-large new buildings, reported Lloyd’s List.