Overcapacity looms for ocean trades – with more blanked sailings inevitable
Notwithstanding the possible effects of the US tariffs on global container trades, the box lines ...
Credit Michael Ang
China United Lines has stretched its orderbook with a deal to buy two 2,400 teu ships from Yangzijiang Shipbuilding.
The Chinese state-controlled liner operator, which signed the ship construction contract on Friday, already has four 1,900 teu newbuildings on order at China State Shipbuilding Corporation (CSSC)’s Huangpu Wenchong Shipbuilding.
Deliveries of the 2,400 teu ships are expected to begin in Q4 23, after which CU Lines will assign the vessels to intra-Asia routes.
The newbuild price was not disclosed, but a similar vessel ...
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