Maersk joins peers with emergency surcharges on Pakistan cargo
Maersk has joined its peers in implementing ’emergency operational surcharges’ on cargo in and out ...
Photo: Wan Hai Lines
By Alison Koo
Fallout from the US-China tariff war is not stopping the container shipping ’arms race’, as major shipping lines continue to invest heavily in large box ships.
Yesterday, Taiwan’s Wan Hai Lines ordered four 16,000 teu containerships in deals valued at around $800m.
Two will be built by HD Hyundai Samho and two by Samsung Heavy Industries, both South Korean shipbuilders.
The order underscores Wan Hai’s strategy to modernise and expand its fleet with larger, fuel-efficient ...
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