Simatech Shipping appears to be homing in on a newbuilding order for up to four 2,800-teu containerships worth an estimated $120m.
The Dubai and Singapore-managed feeder operator is understood to have signed a letter of intent for two plus two sub-panamax units at Guangzhou Wenchong Shipyard in China.
The newbuildings will be built to the IMO’s NOx Tier III specifications at a price of around $31m each, with deliveries starting in 2020, according to European broking and liner shipping sources.
