ContainersGreater China

Wan Hai in for Chinese boxship resales

Taiwan’s Wan Hai Lines has bought a couple of resale containerships from China United Lines (CU Lines). 

The 7,000 teu scrubber-fitted ships are due for delivery in late 2024 and early 2025 from Shanghai Waigaoqiao Shipbuilding and are costing around $91m each, giving CU Lines a tidy profit. CU Lines originally contracted the ships two years ago at $85m per unit. 

Wan Hai, the world’s 11th largest liner, will shortly boast a fleet in excess of 500,000 slots for the first time in its history. 

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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