Taiwan’s Wan Hai Lines has announced a major fleet expansion project with orders for a total of 20 boxships at Chinese and Japanese yards.
The company has placed an order at CSSC-affiliated Huangpu Wenchong Shipbuilding for the construction of twelve 2,038 teu containerships at a price of $26.328m each. The contract also includes options for another four vessels of the same type and is Huangpu Wenchong’s single largest containership order.
Additionally, Wan Hai signed shipbuilding contracts with Japan Marine United for eight 3,036 teu containerships plus options for another four vessels. The price for each vessel is about $41.4m.
Earlier this year, Hsieh Fur-Lung, general manager of Wan Hai, revealed the company plans to place newbuilding orders in the second half of this year.
Wan Hai Lines currently operates a fleet of over 70 containerships with total capacity of around 259,000 teu, ranked 12th worldwide according to Alphaliner.