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International Shipping
World's container shipping giants trigger shipbuilding boom
Date:2023-07-06 Readers:
A CONTAINERSHIP building boom is underway as container shipping giants Maersk, Evergreen and CMA CGM place orders for up to 44 newbuilds valued at US$5 billion, reports Rotterdam's Offshore Energy.

Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TEUers. According to Intermodal, the order has been spread between Samsung Heavy Industries, South Korea, and Japan's Nihon Shipyard, with deliveries spread between 2026 and 2027.

The Taiwanese shipping firm is said to be paying $4 billion for the newbuilds. When approached for a confirmation, Evergreen did not want to comment.

But Maersk announced that it has ordered six mid-sized container vessels from Yangzijiang Shipbuilding, and that the 9,000-TEUer will have dual-fuel engines able to operate on green methanol and bunker fuel oil with delivery set for in 2026 and 2027.

Maersk also has options for four additional vessels of the same size under the terms of the contract. The order is valued at around $1.4 billion.

Notably, while Evergreen and Maersk have committed to methanol as fuel, French shipping giant CMA CGM favours liquefied natural gas (LNG).

CMA CGM has been linked to an order for ten 24,000-TEUers, Shipbroker reports indicate that Jiangsu Yangzijiang, China, has been assigned the job and that the vessels will be delivered in 2026.

https://www.shippingazette.com/menu.asp?encode=eng

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