Singapore’s X-Press Feeders Group has returned to China’s Shanghai Waigaoqiao Shipbuilding (SWS) for container ship newbuildings worth about $320m.
The company’s shipowning arm — Eastaway — has signed up for four more 7,000-teu conventionally fuelled ships. The deal lifts the total number of neo-panamax boxships that it has on order at the Shanghai-based yard to 12.
The company’s earlier eight newbuildings, which were ordered last year at a reported price of $73m each, are due for delivery between the third quarter of 2023 and 2024.
