Taiwan’s state-owned CSBC Corp is to build four 2,800-teu vessels under its own account to be delivered by mid-2023.

In an announcement, the containership shipbuilding specialist said it would construct "a batch of containership newbuildings that would be worth between TWD 5.5bn and TWD 7bn ($199m and $254m)".

It did not explain the number of vessels involved, their size or why it had placed the order.