The Evergreen shipping company is increasing its capacity by 14 times 14,000 TEU. The contract for the container ships has been awarded to two shipyards.
The Taiwanese shipping company Evergreen is expanding its fleet by a total of 14 additional container ships. The order, worth billions, is being placed in equal parts with Guangzhou Shipyard International (GSI) in China and South Korea’s Samsung Heavy Industries.
The ships will each have a capacity of 14,000 TEU and cost $200 million each – the total value of the order therefore amounts to $2.8 billion, according to information from Intermodal. It is already known that these will be dual-fuel ships designed to run on LNG. Delivery of the 14 newbuilds is scheduled to take place between 2028 and 2030.
This is not the company’s first major order this year: as recently as February, Evergreen signed a contract for eleven dual-fuel vessels of 24,000 TEU each (Megamax), which will be built by GSI and Hanwha Ocean.
With a capacity of around 1.9 million TEU, Evergreen is currently the seventh-largest container shipping company in the world; only just behind ONE and far ahead of South Korea’s HMM, which also recently placed a major order. Together with CMA CGM, Cosco and OOCL, Evergreen forms the “Ocean Alliance”. According to data from Alphaliner, the shipping company’s order book currently comprises around 676,600 TEU, or 35% of the fleet in service.
