Topic
boxship
Logistics Zodiac Maritime Orders Eight 6,400 TEU Boxships at Hengli Heavy Industry, Extending $1.6B Drive
Eyal Ofer's Zodiac Maritime has been linked to an order for eight 6,400 TEU containerships at China's Hengli Heavy Industry, worth about $640 million. The vessels are scheduled for delivery in 2028 and 2029. This order extends Zodiac's boxship newbuilding drive to 19 vessels since early 2025, with a combined capacity of around 135,200 TEU.
Logistics Yang Ming selects Hanwha Ocean for $1.2bn six-ship LNG dual-fuel newbuilding programme
Yang Ming Marine Transport has selected Hanwha Ocean for a six-ship newbuilding programme worth up to $1.22bn, with 13,000 TEU LNG dual-fuel vessels. The order is part of a fleet renewal plan to replace older tonnage and serve major east-west trades. Final contract terms are still under discussion.
Logistics Erasmus Shipinvest Stacks Up Boxship Orders with Fresh Feeder Deal at Huangpu Wenchong
Athens-based Erasmus Shipinvest has signed a contract with CSSC Huangpu Wenchong Shipbuilding for two firm 1,900 teu feeder containerships, with options for two more. The order is the third newbuilding deal between Erasmus and the yard this year, adding to the 30 vessels already delivered and 44 on order from the Swan feeder design series. Financial terms and delivery dates have not been disclosed.
Logistics Chinese liner Sea Legend Shipping launches first weekly Arctic boxship service
Sea Legend Shipping is launching the first regular weekly container service on the Northern Sea Route, scheduling eight sailings between China and northern Europe from August to October 2026. The China-Europe Arctic Express will use seven small to mid-sized ships, targeting high-value time-sensitive cargoes with transit times of 20-22 days, significantly faster than Suez or Cape routes.
Logistics Minerva expands container fleet with four 6,000 TEU newbuildings at Hengli Heavy Industries
Greek shipowner Minerva Dry has ordered four 6,000 TEU container vessels at China's Hengli Heavy Industries, stepping up from its existing fleet of 1,760–2,400 TEU ships. The order, valued at roughly $320 million, brings Minerva's total containership orderbook to 13 vessels and its investment in the sector to nearly $1 billion. Eastern Pacific Shipping has also been linked to additional 6,000 TEU newbuildings at the same yard.
Logistics Strait of Hormuz Security Collapses After Boxship Attack; US and Iran Trade Strikes
The security situation in the Strait of Hormuz deteriorated sharply after a 7,000 TEU container vessel operated by Global Feeder Shipping was attacked and caught fire. The US launched further strikes on Iranian targets, and Iran retaliated with missile and drone attacks across the Gulf. Iran declared the strait closed while the US insists it remains open, creating uncertainty for shipping.
Logistics New Zealand Set to Lose Last Flagged Container Ship as Swire Consulting on Pacifica Closure
Swire Shipping is consulting on ending Pacifica Shipping's coastal container operation, which would remove the last New Zealand-flagged container vessel, the 1,700 TEU Moana Chief, from domestic trade. The ship is due to leave for drydocking in Asia at the end of July with no domestic drydock available. The Maritime Union of New Zealand calls it a 'catastrophic milestone' for economic resilience and urges reform of Section 198 of the Maritime Transport Act.
Logistics DP World Expands India Coastal Fleet with 2,500 TEU+ Containership Acquisition
DP World has acquired the DP World Indus, a 2,500 TEU+ containership, to expand its Indian coastal fleet. The vessel will move domestic container cargo between Indian ports, supporting the country's Maritime Vision 2030. DP World's coastal network now spans 14 ports with 10 vessels, having handled over 473,000 TEU in 2025.
Logistics Zhonggu Logistics Upsizes Boxship Newbuilds to 6,300 TEU and Plans Sale of Three Vessels
Zhonggu Logistics has upsized its newbuilding program, revising eight planned 6,000 TEU boxships to 6,300 TEU, while preparing to sell three vessels including a 2023-built postpanamax. The total investment remains unchanged at $1 billion, with deliveries starting in 2028. The company is also financing the expansion via a convertible bond issue and has ordered 10 feeders for the restarted Wuhan Qingshan Shipyard.
Logistics MPCC expands into larger vessel segment with $340m acquisition of four 7,000 TEU boxships
Oslo-listed tonnage provider MPC Container Ships (MPCC) has agreed to buy four 7,000 TEU containerships for $340 million, marking a step up in vessel size for the company. The 2023- and 2024-built ships will each have a three-year fixed-rate charter to a top-five liner, generating $180 million in revenue. The deal is financed partly via a new $375 million loan facility.
Logistics Jinjiang Shipping Doubles Yangzijiang Boxship Order with Four More 1,900 TEU Vessels
Shanghai-listed Jinjiang Shipping has firmed up options for four more 1,900 TEU containerships at Yangzijiang Shipbuilding, doubling its feeder newbuilding program to eight vessels. The orders are part of a 4+4 plan worth up to RMB1.94bn, aimed at fleet renewal and Southeast Asia expansion. Deliveries for the latest quartet begin from May 2029, following the first batch from 2028.
Logistics Euroseas Expands Feeder Containership Orderbook with Two Additional 1,800 TEU Vessels
Euroseas has exercised options for two additional 1,800 TEU feeder containerships at Nantong CIMC Sinopacific, continuing its fleet renewal. The vessels are scheduled for delivery in December 2028 and March 2029, at a cost of about $32.26 million each. The order brings Euroseas' total newbuilding backlog to 12 vessels.
Logistics CMA CGM Expands Fleet with New Hengli Boxship Order
CMA CGM has placed an order for eight 6,000 TEU containerships at Hengli Heavy Industries, enhancing its fleet expansion. This move strengthens CMA CGM's position with the largest orderbook among global liners.
Logistics Containership Sinks Near Batam, No Traffic Disruption
The containership Golden Star 1 sank off Batam, Indonesia, without disrupting traffic in the Singapore Strait. The vessel, operated by Pancon Shipping and Marine, was carrying 107 containers.
Logistics Global Ship Lease Orders 10 New Boxships for $917 Million
Global Ship Lease has ordered 10 new containerships worth $917 million, marking a strategic shift towards newbuilds. The vessels, set for delivery between 2028 and 2030, will enhance the company's fleet with ultra-high-reefer capabilities.
Logistics MSC Boxship Damaged in Gulf Explosion Near Iraq
An MSC containership, MSC Sariska V, was damaged by an explosion near Iraq's Umm Qasr port. The incident, involving a possible missile strike, highlights security risks in the Gulf.