Hutchison megadeal reveals dark side of container shipping
What money cannot buy
The hype surrounding green methanol is taking further hold, with 16 16,000 teu newbuild vessels now on order for Evergreen at Korea’s Samsung HI, in a deal worth $3.1bn.
The ships are set to be delivered by end-2027 and add to Evergreen’s methanol newbuilds under construction at Nihon Shipyard in Japan, to make 25 in total.
The new order demonstrates a willingness to follow Maersk in choosing green methanol as the preferred new fuel for shipping, instead of green ammonia.
Separately, MAN Energy ...
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