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ECONOMY
THIS WEEK> THIS WEEK NO. 51, 2014> ECONOMY
UPDATED: December 16, 2014 NO. 51 DECEMBER 18, 2014
Maiden Voyage
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China Shipping Container Lines (CSCL) Globe, the world's largest container vessel, embarked on its maiden voyage to Europe on December 8 in Shanghai.

The CSCL Globe leads the line of five 19,100-TEU (20-feet Equivalent Unit) container ships ordered by CSCL in 2013. It was built by Hyundai Heavy Industries in South Korea.

Boasting a huge size of 400 meters long and 60 meters wide, the vessel travels at a speed of 43 km per hour. Its loading capacity exceeds Maersk Line's 18,000-TEU as the world's largest container vessel.

Compared with ordinary 10,000-TEU container ships, it can save about 20 percent in energy consumption and reduce 30,000 tons of carbon emissions.

CSCL, affiliated with the China Shipping Group, is a global container liner service provider. Founded in 1997, the Shanghai-based company is listed both in Hong Kong and Shanghai.



 
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