ShippingWatch

Wan Hai orders 12 container newbuilds and gains ground on competitor

Taiwan-based Wan Hai Lines orders 12 new smaller container ships. This pushes the company a step towards taking over Zim's position as the world's 10th largest container line, says shipping analyst Lars Jensen.

Photo: Eugene Hoshiko/AP/Ritzau Scanpix

Wan Hai Lines is rapidly gaining ground on Zim, which for now maintains its position as the world's 10th largest container line, notes shipping analyst Lars Jensen after the company's announcement that it has ordered 12 new ships.

"(...) Wan Hai is not only further solidifying their position as the largest intra-Asia carrier they are for now on track to 'overtake' Zim and become the world’s 10th largest container carrier," writes Jensen in a post on LinkedIn.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Alphaliner: HMM set to go private in 2022

The South Korean state is reportedly prepared to divest container line HMM after having rescued the company from bankruptcy in 2016. According to Alphaliner, South Korea's central administration has confirmed a plan to privatize the carrier in 2022.

400 people risk being laid off at Seadrill

Once the contracts for two of Seadrill's drilling rigs expire, around 400 of the company's 1,050 employees are at risk of losing their jobs, reports media. Labor union expects the carrier to announce dismissals prior to Christmas.

X-Press Feeders orders eight methanol-powered container vessels

Singapore-based carrier X-Press Feeders has placed an order for eight new container vessels capable of sailing on both green methanol and conventional bunker oil. The ships will be delivered in 2023 and 2024. The carrier initially announced the order as being for 16 new ships but has since adjusted this number. Updated.

Further reading

Related articles

Latest news

See all jobs