Evergreen orders 20 container ships

[Hannes van Rijn]

Taiwanese liner operator Evergreen Line has confirmed that it will acquire 20 container ships, each with 11,000 teu capacity. Of the total, 8 will be newbuildings and 12 will be taken on long-term bareboat charter.

In a filing to the Taiwan Stock Exchange, Evergreen said that two wholly owned subsidiaries, Greencompass Marine and Evergreen Marine (Hong Kong), would each be the registered owner of four of the newbuildings. These two subsidiaries will also be the charterers of the other 12 vessels, with these ships to be equally allocated to the entities.

Evergreen said it had shortlisted compatriot shipbuilder CSBC Corp, Japan

[Phil English]

Contracts have been signed for 12 ships, all to be built by Japan's Imabari Shipbuilding Co. They will be owned by Imabari's shipowning division - Shoei Kisen -  and long-term chartered to Evergreen Line. Deliveries commence 2nd half 2020 through 2021.

A further 8 ships will be built by a Korean shipyard and owned directly by Evergreen. However no contract has yet been signed.

Source: Better than IHS

[MO Roy]

Thanks Hannes and thanks Phil for the usefull update.
Cheers,
Roy