Although fleet cutting in the face of overcapacity is a trend, at least two of the majors still have their money sunk in new big ships as being the way to go.
While Maersk Line has cancelled six options on 19 630 TEU vessels, it still has a batch of megaships under construction. And CEO Soren Skou has firmly said that large ships are still “a key driver” for Maersk’s strategy.
Also, MSC is to cut its chartered fleet, but will forge ahead with its existing newbuilding programme.