MSC exercises options for five 23,000 teu boxships at DSME

MSC exercises options for five 23,000 teu boxships at DSME

Mediterranean Shipping Company (MSC) has signed shipbuilding contracts with South Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) for the construction of five 23,000 teu mega boxships for around $762m in total.

The latest order is an option exercised by MSC as part of a 11-ship order made by the company back in September 2017.

MSC predicted a significant number of 13,000 teu and 14,000 teu vessels will come off-hire in the coming years and the new order is expected to effectively replace this fleet.

MSC has already taken delivery of two 23,000 teu ships from DSME this year, and delivery of these latest ships ordered is expected in 2021.

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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