News / TS Lines eyes 'risky' return to long-haul trade with new ships

TS Kaohsiung. Photo: TSL

Taiwanese intra-Asia carrier TS Lines, which withdrew from its long-haul venture after the Covid-induced boom faded last year, is planning a comeback now freight rates have rebounded.

Founder and chairman Chen Te-sheng said the carrier had signed a letter of intent to order two 14,000 teu ships from China’s Shanghai Waigaoqiao Shipbuilding – vessels that could be assigned to the transpacific or Far East-South America routes after delivery in 2027.

TS Lines suggested its lack of large vessels had made it less ...