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.
Despite new tariffs on exported products, China is benefiting from the strong U.S. economy. The nowcasts show we should expect this to continue also throughout December.
Dole — Freeport Service has replaced the Jamila with the Dole California, decreasing service capacity by 457 TEUs or 34 percent. 
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