In line with future demand projections
Taiwan-headquartered Wan Hai Lines Ltd has confirmed an order of 20 container vessels. The move is a part of the company’s fleet improvement plan.
The contracts were awarded to Japan Marine United Corporation (JMU ) and Guangzhou Wenchong Shipyard Co., Ltd(GWS) / China Shipbuilding Trading Company, Limited (CSTC).
The contract signing ceremony was held at Wan Hai Lines’ Taipei headquarter on 12th November 2018.
The contract includes 8 3036TEU container vessels with JMU and 12 2038TEU container vessels with GWS /CSTC.
At the same time, Wan Hai has the option to declare an additional 4 3036TEU vessels within 6 months and 4 2038TEU vessels within 3 months.
These two new vessel types will start taking delivery in end October 2020 and early January 2021 respectively.
Currently, Wan Hai Lines operates a fleet of 72 owned vessels and 24 chartered vessels.
This new shipbuilding contract is the company’s latest fleet renewal plan, so as to ensure that the company’s vessel fleet is able to maintain competitive and support continuous market development.