News / Wan Hai expands its orderbook for neo-panamax box ships to 18

Wan Hai Lines has splashed out with its latest newbuilding budget, ordering five more 13,100 teu containerships from Samsung Heavy Industries in South Korea.

With them, the Taiwanese liner operator will have 18 neo-panamax vessels on order, including eight at Samsung and five at Hyundai Heavy Industries.

Wan Hai said in a Taiwan Stock Exchange filing on Friday the latest newbuildings were priced between $131.8m and $140m each, and would be delivered from 2024.

This means that, compared with the unit price of $120m ...