BAL Container Line, a rapidly expanding Chinese container ship operator, has placed its first orders for new construction, says an article published in splash.
No price – revealed
According to Clarkson Research Services, the Hong Kong-registered company has placed an order at Jiangnan Shipyard for two 14,000 teu firm vessels that will be delivered in 2025.
Two additional ship options are included in the order. The cost of the panamax newbuilds has not been made public.
According to data from Alphaliner, the ships’ actual capacity is 14,700 teu.
International Logistics
BAL is one of the several new Chinese lineages that have expanded significantly after the epidemic.
The carrier didn’t make the top 100 liner list when covid started, but it is currently ranked 46th by Alphaliner.
BAL, which has its headquarters in Qingdao, Shandong province, was established in August 2012 and is a division of Shandong Lcang International Logistics, owned by Chinese tycoon Xu Xin.
Prior to being an intra-Asian operator, it served as a tonnage provider. It began offering transpacific and Asia-Europe tradelane services last year.
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Source: splash
