ContainersGreater China

Wan Hai’s buying charge continues with Eastern Pacific purchase

Wan Hai Lines is now emerging as one of the most aggressive buyers of post panamax tonnage and are now understood to have committed a number of vessels between 6,300 – 7,000 teu at prices that represent a significant improvement on last done.

This week saw the Taiwanese liner acquire the 6,350 teu Hyundai New York from Eastern Pacific Shipping for $27m. The price includes the balance of an HMM charter until July 2021. 

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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