MSC shaves $26m off each of its five 22k teu ships ordered at Samsung Heavy

MSC shaves $26m off each of its five 22k teu ships ordered at Samsung Heavy

The price of the six 22,000 teu containerships that MSC ordered at Samsung Heavy Industries (SHI) in late September has been revised downwards from $164m per ship to $138m, according to a statement issued this week by the yard.

SHI’s initial price of $164m included propulsion options, which look like they have been jettisoned, according to the latest weekly report from container analysts Alphaliner. MSC had originally mulled going down the LNG fuel route for its new ship orders.

The six 22,000 teu ships are all scheduled for delivery by December 2019. They add to orders for five ships of the same size with that MSC placed with Daewoo Shipbuilding & Marine Engineering (DSME). The DSME ships do still come with LNG propelled engines.

Rival CMA CGM has ordered nine 22,000 teu ships in China, all coming with LNG-fuelled engines.

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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