Shipping company Evergreen Line has signed time charter agreements with Shoei Kisen Kaisha (Shoei) to charter a total of eleven 18,000 TEU container ships.
Evergreen has taken this investment decision to introduce 18,000 TEU ships based on market demand and the capacity requirement of a joint-service.
The ships ordered are around 400 metres in length and 59 metres wide. The 18,000 TEU design model incorporates optimised hull profiles and minimum ballast water requirements to maximise cargo carrying capability.
The ships are designed to have larger depth to strengthen hull structure and navigational safety, as well as coming equipped with various environmental protection devices that fully comply with international maritime regulations.
The ships’ new generation G-type main engine is developed with a longer stroke to operate at lower speeds and is able to reduce fuel consumption and greenhouse gas emission by up to 7%.
Along with the ongoing delivery of its 8,500 TEU L-type ships, Evergreen has already taken delivery of five 8,800 TEU and 10 13,800 TEU chartered ships with another 10 chartered units of 14,000 TEU to be delivered in 2016/17.
The 18,000 TEU ships are anticipated to be delivered from 2018 through to 2019.