Taiwanese containership operator TS Lines has confirmed an order for two 1,096 teu feeder boxships at Japanese shipbuilder Kyokuyo Shipyard.
The price for each vessel is $17m and delivery is scheduled in the second half of 2019.
In July 2017, T.S. Chen, chairman of TS Lines, revealed a fleet expansion plan to order four vessels made up of two 1,000 teu vessels and two 2,800 teu vessels. The company was also looking to acquire 4,000-6,000 teu secondhand vessels.
TS Lines currently operates a self-owned fleet of six vessels.