What have Apple and AP-Moller Maersk got in common? What the former just reported in fourth-quarter profit the latter is almost poised to spend on boxships.
The Dane’s near $6bn outlay on 10 firm units and 20 options at Daewoo Shipbuilding & Marine Engineering (DSME) may dwarf even most big merger and acquisition deals, but how big is the order compared to other notable shipping deals?
At $190m Maersk’s new vessels each cost about as much as over 380,000 iPads which would do well to still be around come delivery time between 2013 and 2015.
