Wan Hai Lines Confirms Orders for 20 Newbuilds

Taiwanese container carrier Wan Hai Lines confirmed an order of 20 container vessels with Japan Marine United Corporation (JMU) and Guangzhou Wenchong Shipyard (GWS) and China Shipbuilding Trading Company (CSTC).

During the contract signing ceremony that was held at Wan Hai Lines’ Taipei headquarter on 12th November 2018, the Taiwan's shipping company said that the new order was part of its fleet improvement plan.

The contract includes eight 3036Teu container vessels with JMU and twelve 2038Teu container vessels with GWS /CSTC, it said in a press release.

At the same time, Wan Hai has the option to declare an additional four 3036Teu vessels within 6 months and four 2038Teu vessels within 3 months. These two new vessel types will start taking delivery in end October 2020 and early January 2021 respectively.

Currently, Wan Hai Lines operates a fleet of 72 owned vessels and 24 chartered vessels. This new shipbuilding contract is the company’s latest fleet renewal plan, so as to ensure that the company’s vessel fleet is able to maintain competitive and support continuous market development.

Eventually, the company hopes to deliver better service quality to its customers by more efficient vessel fleet, said the release.