en.Wedoany.com Reported - The container ship newbuilding market is primarily driven by orders for vessels of 6,000 TEU and above, while demand for feeder ships remains active simultaneously. CMA CGM has ordered eight 6,000 TEU container ships from Hengli Heavy Industries, with delivery expected in 2028, marking the latest move in the company's ongoing expansion of its orderbook for this vessel class.
Alphaliner noted that CMA CGM currently operates six vessels of the same type, two of which are owned and four chartered from Belgian tonnage provider CMB.Tech. Eastern Pacific Shipping has also ordered two 6,000 TEU vessels from Hengli Heavy Industries, reportedly to be chartered to CMA CGM, with its four previously ordered vessels of the same type also planned for charter to the French shipowner.
Global Ship Lease (GSL) has confirmed an order for ten 6,200 TEU vessels at Taizhou Sanfu Ship Engineering, with delivery scheduled between 2028 and 2030. Although details have not yet been disclosed, GSL is likely to have reached agreements on related charters. Currently, the construction cost of a 6,000 TEU vessel is approximately $90 million, while feeder vessels in the 1,100 to 1,900 TEU range cost between $28 million and $35 million.
Constantine Baack, CEO of MPC Container Ships, a non-operating owner focused on small and medium-sized vessels, stated during a recent first-quarter earnings call that high oil prices and relatively low orderbooks are encouraging new ship investments. The ratio of feeder ship orderbooks to the existing fleet is only 18%, and Linerlytica reports that multiple new feeder ship orders have been placed.
Hong Kong-registered Synelysia has ordered four 1,900 TEU vessels from Zhejiang Xinle Shipbuilding, reportedly for delivery in 2028. Greek shipowner Euroseas has exercised options for two 1,781 TEU vessels at Nantong CIMC Sinopacific. Additionally, two 1,100 TEU vessels have been ordered by an unknown company at Yangzi Hongyuan Shipbuilding. MB Shipbrokers reported: "While overall contracting activity remains moderate, we continue to see solid projects in the medium and large segments, and multiple orders are expected to be formally confirmed before the summer break."
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