News / MOL splashes out for big ships, ordering four at 20,150teu and charters two more

02/03/2015

Following the ‘counter-offensive’ new year message from its president, Japanese shipping group MOL confirmed today that it had ordered four 20,150 teu ships for delivery in 2017.

Separately MOL said it has agreed a long-term charter for two 20,000 teu vessels from compatriot ship owner Shoei Kisen Kaisha (SKK), which will be built in Japan by SKK’s affiliate company Imabari Shipbuilding.

MOL will pay Samsung Heavy Industries around $155m to build each vessel, which with a specification LOA of 400 metres and ...