TAIWANESE liner operator Wan Hai has won a tender to acquire four 2,800 TEU ships by bidding between US$53 million and $55 million for each vessel being built speculatively by compatriot shipbuilder CSBC Corp.
In the hope of finding a buyer or long-term charterer, CSBC announced it would build the ships last August, scheduling them for completion in Q3 23, reports UK's The Loadstar.
The shipbuilder had suffered losses from 2017-2020 and was tapping into the strong demand for container shipping in a bid to revive its fortunes.
CSBC invited 20 shipping companies to tender to either acquire the ships or commit to long-term charters, and ten shipping companies submitted bids.
Wan Hai said it bid because while it had a substantial number of newbuildings already under construction, it anticipated it would need more.
Since 2020, Wan Hai has set aside $1.88 billion to buy second-hand ships and newbuildings and has purchased 16 so far, as well as four 13,000 TEU newbuilding contracts from Capital Maritime & Trading.
Wan Hai said the ships from CSBC could replace chartered ships and older, less fuel-efficient vessels.