Evergreen, Hapag-Lloyd, Yang Ming and COSCO all are said to be weighing new ship orders.
Evergreen and COSCO, along with COSCO affiliate OOCL and CMA CGM, are all members of the Ocean Alliance; Hapag-Lloyd, Yang Ming and Ocean Network Express are members of THE Alliance.
The Danish website ShippingWatch said it had “market sources confirm Hapag-Lloyd’s interest in mega ships.”
In response to queries from American Shipper seeking confirmation, both companies only provided general statements about their ship acquisition plans.
Evergreen provided the following statement: “To provide efficient marine transportation service and enhance operating competitiveness, Evergreen Line continues monitoring market development and customer demand, adopts advanced shipbuilding technologies to introduce the most suitable vessel types in line with the line’s stringent eco-friendly criteria for fleet renewal. After the negotiations with tonnage suppliers are completed, information about our newbuilding programs or charter parties will be announced as required by authorities concerned.”
Hapag-Lloyd told American Shipper, “We regularly review the capacity of our fleet, and we are naturally also in constant contact with potential financiers and shipyards. At the same time, we also very closely examine whether medium-term capacity adjustments make economic sense. However, we do not plan to order any ships shortly. In that context, it does not make sense to speculate at this time about possible ship classes or propulsion technologies.”
Hapag-Lloyd added very large containerships to it fleet with its acquisition of United Arab Shipping Co. in 2017, adding half a dozen ships with 19,870-TEU capacity and 11 ships with 14,993-TEU capacity, according to the company’s website.
In its annual report for last year, Hapag-Lloyd noted it had no orders for new ships and that it had a “very young and efficient fleet. As a result, it will not be necessary to invest in new ship systems in the short term. The existing fleet and cooperation with the partners in THE Alliance will make it possible to utilize the short-term expansion opportunities resulting from market growth and to realize economies of scale in ship operations.”
- American Shipper
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