Lloyd’s List reported China Shipping Group Chairman Li Shaode has confirmed the five 18,400-TEU ships his company has ordered will be deployed in a 10-year joint service with United Arab Shipping Co.
American Shipper was not able to confirm the report with UASC that it will order ships similar in size to those that China Shipping will acquire from Hyundai Heavy Industries. Strings operating between Asia and North Europe usually consist of 10 similar size vessels. – Chris Dupin