Evergreen and TS Lines sink almost $1bn into series of container ship newbuilding orders

Global on-order container ship capacity has jumped by 56,500 teu after liner giant Evergreen Marine and intra-Asia feeder specialist TS Lines signed contracts for 10 newbuildings.

Taipei-listed Evergreen has put pen to paper for half-a-dozen 2,400-teu ships at CSSC Huangpu Wenchong Shipbuilding.

Shipowners have splashed less than half of their record cash haul on newbuildings, Steve Gordon says

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Taiwanese-owned TS Lines firmed up four vessels at Shanghai Waigaoqiao Shipbuilding.