News / TS Lines stretches orderbook with six feeder ships from Fujian Mawei

Taiwanese intra-Asia carrier TS Lines yesterday commissioned six 1,100 teu ships from China’s Fujian Mawei Shipbuilding as it continues to increase its fleet.

Fujian Mawei, majority-owned by the Fujian provincial government, said the ships would be built according to a design from the Shanghai Ship Research and Design Institute and delivered from March 2023.

Although the newbuilding price was not disclosed, similar ships are now valued around $37m each.

TS Lines chairman Chen Te-sheng says the company is expanding its owned fleet through newbuildings ...