Taiwanese carrier Evergreen announced on 6 July that the company has decided to order 10 2,800 teu container ships at Taiwan’s China Shipbuilding Corporation (CSBC) and Japan’s Imabari Shipbuilding.
The carrier will order five box ships at CSBC at the price of USD36-39 million each, with total expense expected to be around USD180-195 million. Imabari Shipbuilding will build another five ships at the same price.
Evergreen said these 10 vessels are scheduled for delivery in the second half of 2017, and will be deployed in the carrier’s Intra-Asia services. As more new ships are delivered, Evergreen will continue to replace its old vessels and return chartered vessels.
Related news:Evergreen to replace older vessel in Asia Pacific–South America service
Bronson Hsieh, Evergreen’s vice-group chairman pointed out that the launching of mega-ships has heightened the competition among oceangoing services, with Intra-Asia services one of very few profitable markets.
Evergreen is optimistic about the Regional Comprehensive Economic Partnership (RECP), which includes more than three billion population, a combined GDP of about USD17 trillion, as well as some 40% of world trade. RECP is expected to remove trade barriers and bring in more shipping demands within Asia.
The carrier projects revenue and profit growth for the whole year of 2015.
This post was sourced from IHS Maritime 360: View the original article here.