Container rates ex-China dip – just a glitch, as demand stays strong
A minor 3% drop this week in the Drewry World Container Index (WCI), continuing a ...
Korean liner operator Sinokor Merchant Marine has exercised options for six more 1,800 teu ships at Hyundai Mipo Dockyard, extending its orderbook there to a dozen vessels.
The options are tied to an initial order Sinokor made for six vessels in May, for delivery in 2022. The additional vessels, reportedly $27m each, are expected to be delivered in 2023 and likely to be deployed on intra-Asia feeder services.
Reportedly the largest privately owned South Korean shipowner, Sinokor owns 50 containerships with a ...
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