Taiwan’s Evergreen Marine Corporation has reportedly sealed a deal for the construction of 24 new dual-fuel container ships in a joint contract with shipbuilders in South Korea and Japan, it was reported earlier this week.
Estimated Price
The tender, estimated at over US$5 billion (NT$155 billion), or around US$200 million (NT$6.2 billion) per vessel, will see 16 of the 16,000 TEU vessels constructed by Samsung Heavy Industries in South Korea, reported Offshore Energy. The remaining eight vessels will be the responsibility of Japan’s Nihon Shipyard, which is a joint-venture company owned by the Japan Marine United Corporation and the Imabari Shipbuilding Company.
Reducing Carbon Output
According to reports, all of the ships are expected to be delivered by the end of 2027. News of the deal was reported at the end of June, but Evergreen only confirmed details of the contract earlier this week, when Evergreen Marine made an official filing on the Taiwan Stock Exchange on July 11.
The new ships, which are capable of using methanol for fuel, are part of Evergreen’s commitment to reduce the carbon output of its massive fleet over the next decade. The ships will also help the corporation adhere to the decarbonization scheme recommended by the UN’s International Maritime Organization, which aims to reduce C02 emissions in the international transport industry by at least 40% by 2030.
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Source: Taiwannews
