Los Angeles, CA – The world’s largest containership – the CSCL Globe – has been launched in South Korea for China Shipping Container Lines (CSCL) at the Hyundai Heavy Industries Co. Ltd. shipyard in South Korea.

The massive ship is the first of five 19,000 TEU (20-foot-equivalent unit) containerships built for the Chinese shipping company and takes the title of world’s largest containership from Maersk Line’s 18,000 TEU ‘Triple E Class’ vessels.

Measuring 1,300 feet in length and 183,800 tons, the CSCL Globe is as large as four football fields. She will be deployed on the Asia-Europe trade loop after being handed over to the owner later this month, the company said.

The ship is the first of an upcoming fleet of four such $175 million vessels that the company plans to launch by the end of 2015.

The CSCL Globe has a top speed of 16 knots and is powered by a 77,200 bhp electronically-controlled main engine that incorporates an electronically-controlled throttle.

The new throttle system takes the ship’s relative speed and the prevailing ocean conditions into account to offer increased fuel efficiency rates.

As a result, the containership will burn 20 percent less fuel per TEU in comparison with the 10,000 TEU containerships, the builder said.

The new ship displaces the existing container capacity record holder, the MV Maersk Maersk, which has a capacity of 18,000 TEU (twenty-foot equivalent unit) shipping containers.

The Maersk ship beat out the older, 16,020 TEU MV CMA CMG for the title in 2013.