Eastern Pacific Shipping has increased its total spending on neo-panamax containerships to more than $1.25bn by ordering another seven large newbuildings.
Shipbuilding sources said the shipowner had contracted Hyundai Samho Heavy Industries to construct its latest batch of 15,000-teu newbuildings, which are part of a fleet-renewal programme at the Idan Ofer-led company.
The deal brings the total number of containerships it has at the South Korean yard to 11, after the outfit inked four containerships last year.
