Maersk: New Suez Channel ‘Vital’ to World

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An article published by Peter Torstensen on behalf of Maersk Line has detailed the company’s support of the Suez Canal Expansion, saying that the second waterway is vital for global trade.

The canal was inaugurated on Thursday August 6, 2015, with leading container line CMA CGM and French President Francois Hollande present at the ceremony, where CMA ships were involved in the opening procession.

Søren Toft, COO of Maersk Line, attended the grand opening ceremony and said: “Suez is a vital connection in the world’s infrastructure and this expansion will both help us, as a heavy user, and support global trade flow.

“The project confirms the Suez Canal Authority commitment to accommodating growth in trade and vessel sizes, an effort we welcome from all our partners and suppliers.”

The COO has recently signed a deal with Hyundai Heavy Industries for a potential total of 18 14,000 TEU ships to be delivered by 2017.

Commenting on the suitability of the expanded canal for its Triple-E ships, Toft added: “When we sail large vessels such as the Triple-E we have very little room for error. The enlargement of the canal combined with additional training of the Suez Canal pilots will increase navigational safety.”

Recent announcements that Egypt are to dredge another waterway, north of the Suez Canal via Port Said, could increase shipping safety further and lower waiting times at this end of the canal.

(Source: Maersk Line Social)

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