Mitsui O.S.K. Lines has entered into a contract with Samsung Heavy Industries for the construction of four 20,150 TEU capacity Ultra Large Container Carriers.
MOL also announced that it has concluded an Memorandum of Understanding for long-term charter of two additional 20,150 TEU capacity containerships with Shoei Kisen Kaisha, headquartered in Imabari-shi, Japan. Those two containerships will be built at Imabari Shipbuilding Co., also of Japan.
MOL says that the six ships are the world’s largest among delivered and on order containerships. The vessels will measure 400 meters long by 58.8 meters wide, and have a designed draft of 14.5 meters and 16 meter load draft. The vessels will be equipped with a MAN B&W G95ME, with specifications that will enable the use LNG fuel in the future. The vessel’s will serve the Asia-Europe service.
The four ships ordered from Samsung Heavy Industries reportedly cost US$619.6 million.
Previously, Imabari Shipbuilding said in January that it had secured orders for a total of eleven 20,000 TEU capacity containerships, marking the first-ever orders for ships at or above the 20,000 TEU mark. Although Imabari did not specify which carrier placed the order, the vessels are widely believed to be the 400-meter long ships to be chartered by Evergreen Group upon delivery in 2018 and 2019. To build the ships, Imabari is in the process of constructing a large newbuilding dry dock measuring about 600m length by 80m breadth to be located on reclaimed land located next to their Marugame City Headquarters.
The MOL newbuild and charter agreements come amid revelations last week that Maersk Line is planning to end its 4-year shipbuilding hiatus with Nils S. Andersen, CEO of Maersk Group, saying that the company may focus instead on purchasing vessels smaller than the 18,000 TEU Triple-E ships it has ordered in the past.
U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden more than two years ago, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns.
Mexico is working with the United States to reach an agreement on tariffs before an impending deadline, a senior Mexican government official said on Wednesday, and the U.S. recognized its work to control migration and fentanyl trafficking.
When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realise a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia.
February 21, 2025
Total Views: 1216
Sign Up Now for gCaptain Daily
We’ve got your daily industry news related to the global maritime and offshore industries.
JOIN OUR CREW
Maritime and offshore news trusted by our 108,747 members delivered daily straight to your inbox.
Your Gateway to the Maritime World!
Essential news coupled with the finest maritime content sourced from across the globe.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.