11 C
Hamburg
Sunday, May 18, 2025
Home News Evergreen splits US$3 billion vessel order between South Korea and China

Evergreen splits US$3 billion vessel order between South Korea and China

Taiwanese container shipping company Evergreen has placed a major order for 11 LNG dual-fuel container vessels, each with a capacity of 24,000 TEUs.

Evergreen has split its order between South Korea’s Hanwha Ocean (six vessels) and China’s CSSC Guangzhou Shipyard International (five vessels).

According to Dynamar, the deal is worth between US$2.9 billion and US$3.2 billion.

The consultancy described the switch to LNG as “a significant change of plan,” as Evergreen’s previously ordered vessels feature methanol dual-fuel propulsion.

“Some other carriers have made the same switch—Maersk in particular—due to a lack of green methanol,” noted Dynamar.





Antonis Karamalegkos
Managing Editor

Latest Posts

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
error: Content is protected !!