Shipping

Evergreen confirms the order of ten container ships

Sep, 12, 2019 Posted by Sylvia Schandert

Week 201938

Taiwanese company Evergreen has confirmed the project to build ten 23,000 TEU container ships at three shipyards.

The company will order six ships from the South Korean shipyard Samsung Heavy Industries and two ships from both Chinese shipyards Jiangnan Shipyard and Hudong Zhonghua Shipbuilding. The total order value is between US$1.4bn and US$1.6bn.

The company says the decision was made after a more detailed evaluation of fleet expansion plans. Evergreen believes that the orders will further accelerate the optimization of its fleet.

The new ships will be the largest in Evergreen’s fleet and will be deployed on routes to Europe and West America.

Evergreen currently operates a fleet of 206 vessels with a total capacity of 1.3m TEU. The company also has an order backlog of 58 vessels with a total capacity of 336,544 TEU, representing 25.8% of its existing fleet capacity.

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