Evergreen Orders 60,500 New Containers For Growing Liner Fleet

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Filings to the Taiwan Stock Exchange say 23,000 containers have been ordered from CXIC Group, 21,000 from Guangdong Fuwa Equipment Manufacturing and 16,500 from Dong Fang International, the latter a unit of Cosco Shipping Development, reports The Loadstar.

Surging orders 

Container manufacturers, predominantly in China, have reported surging orders as the Red Sea crisis absorbs shipping and equipment supply, with many factories occupied until year-end.

It is Evergreen’s second round of substantial capital expenditure this year. In June, the seventh-largest box line ordered six 2,400 teu methanol, dual-fuelled ships from CSSC Huangpu Wenchong Shipbuilding, for $348m, and 50,000 containers from Dong Fang, China International Marine Containers and Singamas, spending around $162m.

On Friday, EMC chairman Chang Yen-I, Taiwan’s minister for transportation and communications, Chen Shih Kai, Kaohsiung mayor Chen Chi Mai and Taiwan International Ports Corp chairman Lee Hsien-Yi, officially opened Kaohsiung port’s Terminal 7, the first fully automated container terminal on the island. The 149ha facility, occupying 2.4km of coastline, will be Evergreen’s home base in Kaohsiung.

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Source: Loadstar