Wan Hai ups 16,000 teu newbuild series in South Korea

Wan Hai joins box shipping 'arms race', but avoids Chinese yards for newbuilds - The Loadstar

Fallout from the US-China tariff war is not stopping the container shipping ‘arms race’, as major shipping lines continue to invest heavily in large box ships. Yesterday, Taiwan’s Wan Hai Lines ordered four 16,000 teu containerships in deals valued at around $800m. Two will be built by HD Hyundai Samho and two by Samsung Heavy Industries, both South Korean shipbuilders. The order underscores Wan Hai’s strategy to modernise and expand its fleet w…

Wan Hai ups 16,000 teu newbuild series in South Korea

Taiwanese containerline Wan Hai has returned to South Korean shipyards for a fresh series of methanol dual-fuel-ready 16,000 teu vessels. The Taipei-headquartered company has commissioned two newbuilds each at HD Hyundai Samho and Samsung Heavy Industries in a deal worth up to $816m. The units at HD Hyundai cost between $186.5m and $204m per ship, …