Evergreen orders six boxships in China

May, 07, 2024 Posted by Sylvia Schandert

Week 202419

The first boxship orders from a global liner since the middle of January have filtered in.

MB Shipbrokers, formerly Maersk Broker, is reporting Taiwan’s Evergreen has placed an order for six 2,400 teu ships at Huangpu Wenchong for an estimated $53m per unit. The ships will start delivering from the second half of 2026.

The Danish broker is also reporting that COSCO is finalising an order for a series of dual fuel 11,000 teu ships, which will be built at Shanghai Waigaoqiao Shipbuilding.

With concern growing about the teu tsunami coming out of Asian shipyards this year, liner CEOs have reined in their ordering in recent months.

The containership fleet capacity currently stands at 29.37m teu. It will reach 30m teu by the end of June in this record year for newbuild deliveries, according to data from Linerlytica.

Alphaliner tallied a record 50 new ships delivered last month in what it described as a “whopping” 333,000 teu of capacity. By way of comparison, April saw more capacity delivered than the entire extant fleet of Pacific International Lines (PIL), the world’s 12th largest liner.

Source: Splash 247
Click here to read the original article: https://splash247.com/evergreen-orders-six-boxships-in-china/

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