A group of mainly German shipowners are putting pen to paper on an order worth up to $630m for 21 feeder container ships to be built in China.
Orders for 11 vessels of 1,074 teu each costing around $30m per ship have been inked with two Chinese yards with deliveries starting in the second half of 2025.
The deal, which includes options for 10 more ships, comprises orders for a new design of “methanol ready” vessels with contracts signed by four German and one Dutch shipping company.