• ITVI.USA
    15,913.180
    -35.240
    -0.2%
  • OTLT.USA
    2.793
    -0.005
    -0.2%
  • OTRI.USA
    22.300
    0.290
    1.3%
  • OTVI.USA
    15,900.990
    -35.610
    -0.2%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
  • ITVI.USA
    15,913.180
    -35.240
    -0.2%
  • OTLT.USA
    2.793
    -0.005
    -0.2%
  • OTRI.USA
    22.300
    0.290
    1.3%
  • OTVI.USA
    15,900.990
    -35.610
    -0.2%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
American Shipper

Evergreen to build 49 boxships for $3 billion

Evergreen to build 49 boxships for $3 billion

   Chang Yung-fa, founder and chairman of the Evergreen shipping group, said that his group plans to build 49 new containerships over the next decade at a total cost of about $3 billion.

   Chang told the Wall Street Journal that the program will include 24 vessels of 6,000-TEU capacity.

   In July, Evergreen group already ordered 10 post-Panamax container

vessels of about 6,700-TEU capacity from the Japanese shipyard Mitsubishi Heavy Industries. The “S-class” owned ships will complement a series of eight larger 8,100-TEU vessels to be chartered by Evergreen from the German non-operating owner Conti Reederei, Evergreen confirmed recently.

   Chang told the Wall Street Journal that the 6,000-TEU vessel orders would also probably be placed with the Mitsubishi shipyard. He commented that “there are still a great deal of untapped markets to be ventured with.”

   Commenting on the 49-ship plan, a spokesman for Evergreen said that the program was not exceptional when considering that it is equivalent to four or five new containerships a year.

   According to ComPairData, the global liner shipping database, Evergreen is currently the world’s third-largest container shipping group, with 147 owned or chartered ships and a total shipboard capacity of 438,124 TEUS.

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