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CSBC sells four boxship newbuilds to Wan Hai

CSBC, Taiwan’s leading shipyard, has finally found a buyer for four ships it ordered on its own account and has been hawking around the market for the past few months.

Compatriot liner Wan Hai said in a regulatory filing that it had picked up CSBC’s quartet of 3,000 teu containerships under construction, paying between $212m and $220m.

The vessels are slated for delivery in 2023 and should replace some of the chartered vessels and older ships in Wan Hai’s fleet. The world’s 11th largest liner currently has 157 ships and 42 on order, according to Alphaliner data.

CSBC was one of the few major shipyards that failed to capitalise on the boxship order rush last year, so instead, it moved to build ships that could be potentially chartered out or sold, joining a raft of other Asian yards involved in containership leasing, including CSSC and Yangzijiang in China and Imabari in Japan.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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