Evergreen expands fleet with more box ships and containers

Evergreen is adding to its fleet and equipment capacity with an order for two 24,000 teu ships from China’s Jiangnan shipyard and 55,500 containers from three manufacturers. The new buildings will cost $140m-$160m each and delivery is expected 2024-2025.
The new containers will cost Evergreen $338.5m – 27,500nfrom Dong Fang International Container (Hong Kong), 15,000 from Guangdong Fuwa Equipment and 13,000 from CXIC Group. They comprise 20ft and 40ft units and will be delivered in mid-2022. Among liner operators, Evergreen now has the most newbuilding orders, with 78 vessels under construction. Alphaliner estimates that Evergreen’s orderbook-to-fleet ratio is around 45%.
In September, Evergreen ordered 24 ships from another Chinese shipyard, CSSC Huangpu Wenchong Shipbuilding, 20 15,000 teu ships from Samsung Heavy Industries in March and two 24,000 teu ships from Hudong-Zhonghua Shipbuilding in June, as well as four 24,000 teu ships from Jiangnan Shipyard that are due for completion next year.
Evergreen president Eric Hsieh said: “We never saw such high freight rates and the present situation is quite positive for liner operators’ future business prospects.”