Shipping
Maersk halts port calls at Haifa citing threat risks
Maersk halts port calls at Haifa citing threat risks
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CMA CGM says shipping activities ‘proceeding as normal’ in the Middle East
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PSA International joins Global Centre for Maritime Decarbonisation
Chengdu-Shenzhen-Hong Kong rail-sea service launches
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Gebrüder Weiss expands into Thailand
DP World, VIMC Lines launch domestic coastal logistics service
Singapore, France ink enhanced maritime partnership agreement
CMA CGM launches first fully-electric container barge in Vietnam
MSC container ship sinks off India coast
Port of Savannah container trade up 17% in April
DP World to launch US$2.5B logistics infrastructure investment in 2025
Port of Long Beach sees record April, warns of sharp May drop amid tariff impact
Suez Canal introduces rebates to regain containership traffic
CMA CGM warns extended China-US tariffs could disrupt global trade
U.S. slashes ‘de minimis’ tariff on small China parcels to 30%
LA, Long Beach ports warn of continued tariff uncertainty
China-US deescalation may spur early peak season
Yang Ming: US-China trade deal may spur demand, but uncertainty persists
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Transpacific shipping faces capacity cuts as trade war escalates
Houthi ceasefire raises prospect of container traffic returning to Red Sea
Kale Logistics to develop Oman's national port community system
PSA BDP takes majority stake in Mexico’s ED Forwarding
Xeneta: ‘Ships for America Act’ adds more uncertainty to container shipping market
JAFZA marks 40 years with record US$190B in trade
Seafrigo expands multi-modal services to support global expansion
US port fees to have minimal impact on Transpacific niche carriers
Port fo NY/NJ is busiest US port in March
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deugro Thailand delivers critical reactors for sustainable fuel production
Emirates Shipping Line joins World Shipping Council
Japanese shipyards may benefit from US port fees on Chinese vessels
MOL opens office in Washington, D.C.
Red Sea disruptions push shipping carbon emissions to record high in 2024
Port of LA expects a double-digit volume decline in the second half amid tariffs
DP World sources 65% of its electricity from renewables in 2024
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Port of Antwerp-Bruges says impact of US tariffs minimal for now
COSCO says planned US port fees threaten shipping, global supply chains
Yang Ming extends lease at Kaohsiung Port, acquires new containers
Transpacific sees surge in blank sailings amid escalating tariffs
UNCTAD: Global economic growth may slow to 2.3% amid mounting pressures
Port of Long Beach becomes the busiest U.S. port in Q1
IMO approves net-zero regulations for global shipping
India ends transshipment facility for Bangladesh exports
US softens stance on proposed port fees for Chinese vessels
Adani’s Colombo Terminal commences operations
Gemini shuttles hit 98% schedule reliability in February
Airfreight demand from China, Hong Kong to the US declines as rates rise
ZIM signs long-term charter deals for 10 LNG-powered 11,500-TEU vessels
Georgia Ports’ container trade grew 22.5% in March
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Maersk's APM Terminals acquires Panama Canal Railway Company
ICS: Proposed US port fees on Chinese vessels to severely disrupt supply chains
PSA looks ahead to strategic developments in 2025 after record-breaking 2024
Hapag-Lloyd makes Philippine inaugural at ICTSI Manila
Yang Ming acquires three methanol dual-fuel ready vessels
Maersk shares updates on upcoming US reciprocal tariff plan
ONE highlights need for adaptability in volatile markets
WorldACD: Global air cargo rates rise as post-NY market rebounds
Chinese shipbuilder unveils LNG dual-fuel vehicle carrier
SATS partners with Guangtai to innovate ground support technology
EVERGREEN ORDERS 11 MEGA-SIZE CONTAINERSHIPS WORTH US$3.2B
February 17, 2025

Evergreen Marine has commissioned two shipyards in South Korea and China to build 11 LNG, dual-fueled 24,000 TEU megamax vessels.

 

Each ship is expected to cost between about US$265 million and US$295 million.

 

South Korea's Hanwha Ocean will construct six of the ships, while China's Guangzhou Shipyard International will build five.

 

The new orders see the Taiwan-listed shipping line to LNG from methanol dual-fuel for its next large containerships amid supply concerns for green methanol in the coming years.

 

The delivery date of the vessels has yet to be announced.

 

Evergreen has previously focused on developing methanol dual-fuel vessels to advance its sustainability initiatives.

 

In 2023, Evergreen Marine placed an order for 24 methanol dual-fuel containerships, each with a capacity of 16,000 TEU, from Samsung Heavy Industries (SHI) and Nihon Shipyard.

 

The contract, valued at approximately US$196 million per vessel, represented the largest order ever received by SHI at that time, totaling around US$3.11 billion for the 16 ships contracted at the Korean shipyard.