Number of Maersk ships
In terms of twenty-foot-equivalent units, Denmark’s Maersk Lines is the world’s largest container-shipping company. Twenty-foot equivalent units (TEUs) are the shipping industry’s standard unit of measure, denoting the capacity of a standard freight container. In November 2018, the Maersk Group had ships with a capacity of around four million twenty-foot-equivalent units, which could be broken down to some 2.3 million twenty-foot-equivalent units of owned capacity and about 1.78 million twenty-foot equivalent units of chartered capacity. Furthermore, the container line had ships with an additional 73,606 twenty-foot-equivalent units of capacity in its order book. Overall, the Copenhagen-headquartered shipper accounted for 17.9 percent of the world’s merchant container fleet.
As of November 30, 2018, Maersk owned 312 ships, 30 of which had a capacity in excess of 18,000 twenty-foot equivalent units. One of Maersk’s most impressive container ship is the Madrid Mærsk. The Triple-E vessel was built by South Korea’s Daewoo Shipbuilding & Marine Engineering Company, one of the largest shipbuilding companies worldwide. The megahauler is just under 400 meters long and 59 meters wide, trailing only the OOCL Hong Kong in TEU capacity. Triple-E stands for "economies of scale", "energy efficient" and "environmentally improved". The ships in the Triple-E class are regarded as the most efficient container ships per twenty-foot equivalent of cargo. However, the building of such mega ships comes at a risk as the container shipping-industry continues to suffer from overcapacity and weak global demand.