Germany’s Vega Reederei has returned to the newbuilding market to order a series of feeder boxships after rekindling its relationship with a Chinese shipyard.
The Hamburg-based owner has placed orders for four 1,868-teu containerships with Zhejiang-based Yangfan Group, the yard where it bought a series of boxships prior to the financial crisis.
Trust in the yard and early delivery dates in the final quarter of next year were key to the decision to press ahead with the order, Vega managing partner Arene Brugge said.
