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Korea Shipbuilding wins W637b order for 5 container ships
By YonhapPublished : March 26, 2021 - 11:14
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has clinched a 637 billion-won ($562 million) order from a Taiwanese company to build five container carriers.
The deal signed with Wan Hai Lines calls for Korea Shipbuilding to start delivering the 13,200-twenty foot equivalent unit (TEU) vessels in the first half of 2023, Korea Shipbuilding said in a regulatory filing.
The container carriers will be built by Hyundai Heavy Industries Co., the company said.
Hopes for a rise in freight traffic and increased shipping rates have led to a spate of orders for container carriers, the company said.
The Shanghai Containerized Freight Index (SCFI), a barometer of global freight rates, came to 2,584 points on March 19, up nearly three times compared with 898 a year ago. The index reached its highest number of 2,885 on Jan. 15 since 2009.
Korea Shipbuilding has three shipbuilding units -- Hyundai Mipo Dockyard Co., Hyundai Samho Heavy Industries Co. and Hyundai Heavy Industries Co. (Yonhap)
The deal signed with Wan Hai Lines calls for Korea Shipbuilding to start delivering the 13,200-twenty foot equivalent unit (TEU) vessels in the first half of 2023, Korea Shipbuilding said in a regulatory filing.
The container carriers will be built by Hyundai Heavy Industries Co., the company said.
Hopes for a rise in freight traffic and increased shipping rates have led to a spate of orders for container carriers, the company said.
The Shanghai Containerized Freight Index (SCFI), a barometer of global freight rates, came to 2,584 points on March 19, up nearly three times compared with 898 a year ago. The index reached its highest number of 2,885 on Jan. 15 since 2009.
Korea Shipbuilding has three shipbuilding units -- Hyundai Mipo Dockyard Co., Hyundai Samho Heavy Industries Co. and Hyundai Heavy Industries Co. (Yonhap)
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