Sponsored By

Wan Hai Lines buying boxship quartet from CSBCWan Hai Lines buying boxship quartet from CSBC

Wan Hai Lines (Singapore) has entered into contract with Taiwan-based shipyard CSBC to purchase four 3,000teu containerships.

Katherine Si, China Correspondent

August 15, 2022

1 Min Read
Wan Hai WH501
Photo: Wan Hai Lines

Each of the vessels will cost around $54m. 

The first vessel is expected to be delivered in the first quarter of 2023 and the remaining three will be delivered in the second and third quarter. 

The newbuilds could renew chartered and older vessels in Wan Hai’s fleet after delivery next year, which will strengthen the company’s competitiveness amid this complex market, said Wan Hai.

Last year, CSBC decided to invest in and build four 3,000 teu containership due to the booming container market. The sale of the four vessels to Wan Hai will improve the shipyard’s performance significantly.

 

About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like