Taiwan’s TS Lines is the latest feeder liner company to invest in neo-panamax containerships by splashing $292m on four newbuildings.
Industry sources said the intra-Asian liner specialist has selected state-owned Shanghai Waigaoqiao Shipbuilding (SWS) to build the 7,000-teu ships after approaching several Far East shipyards.
News of the deal comes as Asiatic Lloyd Maritime and Singapore’s Sea Consortium this month placed orders for the vessel size.
