ContainersGreater China

Evergreen confirms newbuilding project for ten mega boxships

Taiwanese line Evergreen has confirmed a major newbuilding project which involves the construction of ten 23,000 teu containerships at three shipyards, scrapping plans announced last month to charter up to 11 mega boxships.

The company will order six ships at South Korean yard Samsung Heavy Industries, and two ships each at China’s Jiangnan Shipyard and Hudong Zhonghua Shipbuilding. The total value of the orders is between $1.4bn and $1.6bn.

Evergreen said the decision was made after a further evaluation of fleet expansion plans and the company believed that the newbuilding orders would further accelerate the fleet optimisation.

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

According to Alphaliner, Evergreen currently operate a fleet of 206 ships with total capacity of 1.3m teu, making it the seventh largest liner in the world. The company also has an orderbook of 58 ships with a total capacity of 336,544 teu, accounting for 25.8% of its existing fleet capacity.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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