ShippingWatch

Evergreen charters eleven ULCCs

Evergreen has, as planned, ordered 11 container ships of 18,000 teu as part of the carrier's comprehensive newbuilding program. The ships will sail for the CKYHE alliance.

Photo: APM Terminals

Taiwanese Evergreen has made a deal with Japanese Shoei Kisen Kaisa to charter 11 ultra-large container ships, ULCCs, of 18,000 teu each, says Evergreen in a press release. The ships will be delivered in the period 2018-2019.

"Evergreen has taken this investment decision to introduce 18,000 teu vessels based on market demand and the capacity requirement for joint service. Current service cooperation arrangements with its alliance partners will enable Evergreen to efficiently utilise the capacity and garner the potential economic benefits represented by larger vessels," says Evergreen in a comment on the investment.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

HHLA advances despite chaotic market

Port company Hamburger Hafen und Logistik has seen much progress this past half year despite ”major operational challenges” on a volatile market.

Borr Drilling seeks capital in the US

Tor Olav Trøim’s Borr Drilling searches for capital in the US and plans to issue shares on the New York Stock Exchange, a company statement reveals.

Further reading

Related articles

Latest news

See all jobs