Surge in Recent New Ship Orders at Chinese Shipyards xinde marine news 2024-06-17 15:57

On 14th June, China State Shipbuilding Corporation's Hudong-Zhonghua Shipbuilding Group Co., Ltd., in collaboration with China Shipbuilding Trading Co., Ltd., signed a contract with Germany's Peter Döhle Schiffahrts-KG for the construction of four 14,000 TEU methanol-ready large container ships. 
This reflects a recent trend in the industry where multiple shipping companies are placing orders for new container ships.
Previously, the industry was concerned about an oversupply of capacity due to the large number of new ship orders during the pandemic. However, there seems to be a significant shift in market sentiment recently. Market participants are now more optimistic about the future, leading to a surge in activity in the container ship newbuilding market.
Acoording to XINDE MARINE NEWS,there are orders been booked and on the way as below:
# Peter Döhle Schiffahrts-KG
Order: Four 14,000 TEU methanol-ready large container ships
Shipyard: Hudong-Zhonghua Shipbuilding Group Co., Ltd.
X-PRESS Feeders
Order: Four 11,000 TEU methanol-ready large container ships
Shipyard: Shanghai Waigaoqiao Shipbuilding
# COSCO Shipping
Negotiation: Batch of 11,000 TEU new container ships
Shipyard: Waigaoqiao Shipbuilding
# Evergreen Marine
Order: Six 2,400 TEU container ships
Shipyard: Huangpu Wenchong Shipyard
# TS Lines
Order: Two 14,000 TEU methanol-ready large container ships and two 7,000 TEU container ships
Shipyard: Shanghai Waigaoqiao Shipbuilding
# Capital Product Partners (Evangelos Marinakis)
Order: Ten 8,400 TEU container ships
Shipyard: New Times Shipbuilding
Investment: $1.3 billion
# BAL Shipping
LOI: Two plus two 14,000 TEU new Panamax container ships
Shipyard: Jiangnan Shipyard
# Seaspan Corporation
LOI: Ten 13,000 TEU LNG-powered ships
Shipyard: Hudong-Zhonghua Shipbuilding
Negotiation: Four 9,000 TEU methanol dual-fuel ships
Shipyard: Yangzijiang Shipbuilding

by Xinde Marine News Chen Yang

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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