Photographer: Tomohiro Ohsumi/Bloomberg

Maersk Ends Mega-Ship Building Era With New Acquisition Plans

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  • Maersk has been a pioneer developing world’s largest vessels
  • Chairman prefers to buy rivals instead of ordering new ships

The owner of the world’s largest container shipping line will stop ordering newly built vessels and instead pursue takeovers in an industry that has been plagued by overcapacity for almost a decade.

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