Wan Hai Lines' huge appetite for neo-panamax newbuildings continues. The liner company, which already has nine vessels under construction at shipyards in South Korea, has inked a new contract for four more, bringing its orderbook to 13.

The 13 newbuildings exceed the company’s plan of ordering nine ships, which it disclosed in an exchange filing in March.

Wan Hai today said it has signed a fresh contract with Samsung Heavy Industries to build four 13,100-teu vessels.