Energy News Beat

A new high has been reached for containership prices.
Splash reported last month on Taiwan’s Evergreen contracting for eleven LNG dual-fuel 24,000 teu ships, the orders split between South Korea and China with Hanwha Ocean taking six vessels and CSSC Guangzhou Shipyard International (GSI) the remainder.
$267.3m per megamax is $103m more than similar ships ordered in 2020
Hanwha Ocean reported to the Korea Stock Exchange that the six ships were costing $267.3m each, something analysts at Alphaliner believe is the highest price ever agreed upon for the construction of a container vessel. On a per-teu basis, it works out at $11,138 per slot.
Newbuild prices have soared in the 2020s, one of the most profitable decades for shipping. As an example, Evergreen’s latest deal works out at more than $100m more per ship compared to the $164m price that Hapag-Lloyd agreed to pay for a series of six – later twelve- Hanwha-built LNG-powered megamaxes contracted in late 2020.
Newbuild prices remain elevated, however, according to Clarksons Research they have eased recently across sectors. Clarksons’ newbuilding price index has ticked down by 1% since the start of the year.
The post Evergreen sets world record price with latest megamax orders appeared first on Energy News Beat.