evergeen glory

MV Evergreen Glory at the Port of Rotterdam. File photo courtesy Port of Rotterdam Authority

Evergreen to Order Twenty 15,000 TEU Containerships

Mike Schuler
Total Views: 9698
March 23, 2021

Taiwanese shipping company Evergreen Marine Corporation (EMC) has announced plans to build twenty containerships of 15,000 TEU capacity each.

The order was approved by the Board of Directors of Greencompass Marine SA, a Panamanian subsidiary of EMC.

A handful of shipyards from China, Korea, and Japan have been shortlisted to receive the contracts, including Hudong-Zhonghua Shipbuilding, Jiangnan Shipyard, Imabari Shipbuilding, Samsung Heavy Industries, and Hyundai Heavy Industries.

The vessels are anticipated to cost between $115 million and $130 million each for a total value of up to $2.6 billion.

According to Alphaliner, Evergreen Line is the world’s seventh-largest ocean carrier with 1.3 million TEU capacity representing over 5% of the global share. The newbuild order will add 300,000 TEU capacity to its fleet assuming all twenty ships are built.

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