South Korean feeder operators Namsung Shipping, its subsidiary Dong Young Shipping, as well as Dongjin Shipping, are jointly ordering three 1,600TEU ships from Hyundai Mipo Dockyard.
Both sides came together as the shipbuilder offered a bulk discount for ordering a few vessels. Delivery of the ships, priced at US$25 million each, is expected in H2 2023. Dongjin expects to take delivery of one ship in September 2023, while Namsung and Dong Young will take delivery of the other two ships in November and December 2023.
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