Liner operator TS Lines has booked two feeder containership newbuildings at Taiwanese shipbuilding group CSBC Corp.

The Hong Kong-headquartered company signed up with the shipyard to build a pair of 1,800-teu newbuildings for delivery in late 2020.

A source familiar with TS Lines said the outfit is paying more than $24m per ship. The newbuildings will be built to the outgoing NOx IMO Tier II emission standards and they will each have 200 reefer plugs.