Samsung to Build Eight of Evergreen’s 11,000 TEU Ships

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Evergreen Marine Corp. (EMC) has ordered eight 11,000 TEU containerships from Samsung Heavy Industries (SHI) today (February 8, 2018) for delivery in the first quarter of 2020 through the second quarter of 2021.

EMC’s subsidiary, Greencompass Marine S.A., will own four ships, with a further four under the control of Evergreen Marine (Hong Kong).

The order is part of EMC's plan to acquire 20 container ships each with an 11,000 TEU capacity, according to a filing to the Taiwan Stock Exchange.

Taiwan-based EMC has emphasized that the aim of this newbuilding program is to meet future market demand and to continue with its ongoing fleet renewal. 

It is currently the sixth largest carrier in the world with over 1 million TEU of vessel capacity, but Alphaliner data shows that its orderbook has almost brought it up to the same size as Hapag Lloyd's fleet of over 1.5 million TEU.

On delivery of these new ships, Evergreen will redeliver older chartered vessels as their charter periods expire to help optimize the efficiency of its operating fleet and enhance the competitiveness of its services.

 

Evergreen Marine Corporation (EMC) and Samsung Heavy Industries (SHI) have signed the contracts for ordering eight 11,000 TEU containerships today (Feb/08). Representatives of both parties posed for a photo at signing ceremony.   From left to right:  EMC President  Lawrence Lee; EMC Chairman  Anchor Chang; SHI CEO  J.O. Nam; SHI CMO  K.H. Kim

 

The ship dimensions are 334 meters long, 48.4 meters wide, which means that they are able to carry 19 rows of containers on deck.

A twin-island concept separates the wheelhouse and accommodation block from the engine room and funnel area. 

The arrangement increases navigation visibility as well as the permissible height of container stacks on deck and therefore the cargo loading capacity.

Evergreen’s vessels can also sail at a service speed of 23 knots and can pass through the Panama Canal.

The ship hulls are shorter than ultra-large containerships plying the Asia – Europe trade, making them easier to manoeuvre during berthing or departure.

In line with the stringent eco-friendly criteria that Evergreen has imposed on its own operation, the ships are equipped with various environmental protection devices, including a ballast water treatment system and alternative maritime power to comply with the regulations of international maritime agencies and authorities concerned.  

Read more: The Norwegian Central Bank (Norges Bank), which runs the world’s largest sovereign wealth fund, recently announced that it dropped four shipowners, including Evergreen Marine Corp, for their ship recycling practices

Top image credit: Dave Minogue

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