Taiwanese container shipping company Wan Hai Lines has signed the contracts for the construction of 20 container vessels with Japan Marine United Corporation and Guangzhou Wenchong Shipyard Co., part of China Shipbuilding Trading Company.

The contract includes eight 3,036 TEU container vessels that will be built by JMU and twelve 2,038 TEU containerships the construction of which has been entrusted to GWS.

This new shipbuilding contract is the company's latest fleet renewal plan, so as to ensure that the company's vessel fleet is able to maintain competitive and support continuous market development,” the company said.

Under the contract, Wan Hai has the option to order additional four 3,036 TEU vessels within 6 months and four 2,038 TEU vessels within 3 months.

The newbuild boxships are set to start delivery in the end October 2020 continuing into January 2021.

Currently, Wan Hai Lines operates a fleet of 72 owned vessels and 24 chartered vessels.

(Posted on November 13, 2018 from World Maritime News )