Wan Hai orders 20 container vessels

The liner carrier ordered eight, 3,036-TEU vessels and 12, 2,038-TEU vessels.

Wan Hai orders 20 container vessels

The liner carrier ordered eight, 3,036-TEU vessels and 12, 2,038-TEU vessels.

Wan Hai orders 20 container vessels

The liner carrier ordered eight, 3,036-TEU vessels and 12, 2,038-TEU vessels.

 
Wan Hai Lines said it signed a contract Monday for the order of 20 container vessels.
    The Taiwan-based liner carrier has ordered eight 3,036-TEU container vessels from Japan Marine United Corp. (JMU) and 12 2,038-TEU container vessels from Guangzhou Wenchong Shipyard Co. Ltd./China Shipbuilding Trading Co. Ltd. (GWS/CSTC).
    Delivery of the 3,036-TEU vessels will begin at the end of October 2020 and delivery of the 2,038-TEU vessels will begin in early January 2021.
    Wan Hai has the option to order an additional four 3,036-TEU vessels within six months and four 2,038-TEU vessels within three months.
    Wan Hai said it currently operates a fleet of 72 owned vessels and 24 chartered vessels.
   BlueWater Reporting shows the carrier’s top five trades it currently allocates the most capacity toward are the Central Asia-to-Southeast Asia trade at 30,393 TEUs a week; the Southeast Asia-to-Central Asia trade at 29,207 TEUs a week; the North Asia-to-Central Asia trade at 16,252 TEUs a week; the Central Asia-to-North Asia trade at 13,647 TEUs a week; and the Asia-to-India Subcontinent trade and Indian Subcontinent-to-Asia trade, each at 8,893 TEUs per week.

The year 2018 was a turbulent one for the container shipping industry, but it might have been only a warm-up for 2019.

Spot container rates from Shanghai to North Europe stood at $714 per TEU as of March 15, while rates from Shanghai to the Mediterranean totaled $748 per TEU, down 5.3 percent and 3.6 percent, respectively, from a week prior, according to the Shanghai Containerized Freight Index.

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Wan Hai orders 20 container vessels

The liner carrier ordered eight, 3,036-TEU vessels and 12, 2,038-TEU vessels.

Nov 13, 2018 on Dec 27, 2018AmericanShipper.com

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Wan Hai orders 20 container vessels

The liner carrier ordered eight, 3,036-TEU vessels and 12, 2,038-TEU vessels.

Nov 13, 2018 on Dec 27, 2018AmericanShipper.com