Box Lines Scramble To Secure New Containership Orders

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The containership orderbook ratio now stands at just over 4m teu, or 27% of the active fleet, after a rush of new commissions in the past week, reports The Loadstar.

LNG propelled 

Most notably, Maersk Line confirmed this week that it had ordered 20 ships, comprising six 17,000 teu units and two 9,000 teu units at Yangzijiang Shipbuilding, and six 15,000 teu units each at Hanwha Ocean and New Times Shipbuilding. These vessels will be LNG-propelled.

Furthermore, Yangzijiang’s management this week disclosed that apart from the Maersk orders, another client had contracted six 13,000 teu methanol-propelled ships. Brokers have suggested that ONE is behind the latter order, and VesselsValue estimates that each ship is priced at $168m.

Greek shipping magnate George Economou has also returned to the container segment, with his Cardiff Marine identified as the customer that commissioned four 7,900 teu scrubber-fitted ships at HJ Shipbuilding & Construction in late November.

MB Shipbroker (formerly Maersk Broker) suggested that Cardiff Marine ordered the ships after securing a seven-year charter to ZIM Line, which is now the ninth largest liner operator. Priced at $108.5m each, the ships will be delivered between late 2026 and 2027.

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Source: Loadstar