14.1 C
Hamburg
Tuesday, May 11, 2021
Home News S. Korean lines jointly commission three box ships

S. Korean lines jointly commission three box ships

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.

Please login or register to read the rest of the story

Latest Posts

DP World adds three European ports to its network

DP World has enhanced its European inland network, adding three ports in the Alsace region through its affiliate company, Swissterminal. Earlier this month, the public...

Maersk accelerates transformation to integrated service

AP Moller Maersk said its integrator strategy that will see the company transform into a comprehensive, customer-facing door-to-door logistics service will offer the carrier...

Insurers unimpressed with SCA’s public statements

Insurers of the impounded Ever Given vessel remained unconvinced by the public statements made by the Suez Canal Authority (SCA), which is claiming US$916...

EU puts money where its mouth is with green port funding

European Union has agreed funding for up to 10 pilot projects in sustainable and smart supply chains through port operations with 45 companies involved...

European container carriers increase charges worldwide

Three of the largest container lines in the world have announced a substantial number of rate increases to be implemented later in May and...