Hanjin Subic Bay
Hanjin's Subic Bay shipbuilding facility

As ocean carriers reel from a disastrous first half this year, they seem to have lost lost their appetite for ordering ultra-large container vessels (ULCVs).

According to Alphaliner, interest in large containerships of above 9,000 teu “has largely vanished” from shipyards.

Poor market conditions have already forced several owners ...

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