Evergreen Marine Corp. (EMC) has revealed where the remaining 12 of its 20 11,000-TEU containership newbuilds will come from after entering into an agreement with ship leasing company Shoei Kisen Kaisha.
EMC's announcement comes after it named Samsung Heavy Industries (SHI) as the shipyard that would build eight of its 11,000-TEU containerships.
SHI will deliver the vessels in the first quarter of 2020 through the second quarter of 2021 as part of EMC's fleet renewal program.
The eight ships will come before the 12 from its latest agreement, which will arrive from the third quarter of 2020 through to the last quarter of 2021.
Board meetings between EMC subsidiaries Greencompass Marine S.A. and Evergreen Marine (Hong Kong) approved a split of six vessel charters each early last month.
EMC Chairman, Anchor Chang, (pictured left below) and President of Shoei Kisen Kaisha, Yukito Higaki (right), signed the agreements.
Each ship's dimensions come in at about 333.9 meters in length, 48.4 meters wide, able to carry 11,850 TEU with a deadweight of 127,000 metric tons at a scantling draft of 15.5 meters.
The vessels are specially designed to enable the loading of 40 foot containers on top of two 20 foot units; also known as Russian stowage or mixed stowage.
Such arrangement can not only increase the vessel’s loading flexibility but also maximize cargo-carrying capability.
Evergreen Line’s current operating fleet incorporates around 200 containerships with a total capacity above 1.1 million TEU.
With the delivery of these newbuildings, Evergreen will redeliver older tonnage upon expiry of their charter agreements.