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H-Line back in Guangzhou for more car carriers

H-Line has eschewed ordering on home soil for its latest fleet expansion. Multiple broking reports list the Korean outfit ordering three 8,500 ceu car carriers at Guangzhou Shipyard International (GSI) in southern China. The LNG-powered vessels will go on time charter to Hyundai Glovis when they deliver in late 2024 and through 2025. The reported price for the giant car carriers is $100m per unit.

H-Line entered the car carrier sector last year with its first order for a 7,000 ceu pair at GSI. In February this year it added two more similar sized ships at the same yard, all of which will be dual-fuelled.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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