Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
HomeMaritime NewsContainersEvergreen to invest $5 billion in methanol-fuelled containerships

Evergreen to invest $5 billion in methanol-fuelled containerships

Photo: Evergreen Evergreen containership Ever Bliss
Taiwan-based shipping line Evergreen is planning a massive fleet expansion plan and ordering twenty-four 16,000 teu methanol dual-fuelled containerships at a total cost of up to $5 billion.

The order will be split in eight and 16 units between Japan’s Nihon Shipyard and South Korea’s Samsung Heavy Industries, respectively.

Vessel delivery dates are uncertain at the moment as the official contracts with shipyards had not been signed yet, according to Evergreen.

To date, Evergreen operates 214 vessels with a combined capacity of 1.676m teu. The company is expecting to have two new vessels to be delivered this year and twenty-two to be delivered in 2024.

Methanol is increasingly the alternative fuel of choice for containership newbuildings.

TAGS: Shipyards Asia methanol Evergreen

 

Related
MSC-Aries-Boarding.jpg
Crew of MSC Aries to be released soon says Iran
Apr 29, 2024
OOCLMalaysiaSingaporeStrait.JPG
OOCL launching additional Transpacific service
Apr 29, 2024
Wartsila-methanol-engine.png
Wärtsilä bags China's largest methanol newbuild engine order
Apr 25, 2024
GSBN container
MSC works with GSBN to boost lithium battery shipments safety
Apr 25, 2024