The liner carrier ordered eight, 3,036-TEU vessels and 12, 2,038-TEU vessels.
Wan Hai Lines said it signed a contract Monday for the order of 20 container vessels.
The Taiwan-based liner carrier has ordered eight 3,036-TEU container vessels from Japan Marine United Corp. (JMU) and 12 2,038-TEU container vessels from Guangzhou Wenchong Shipyard Co. Ltd./China Shipbuilding Trading Co. Ltd. (GWS/CSTC).
Delivery of the 3,036-TEU vessels will begin at the end of October 2020 and delivery of the 2,038-TEU vessels will begin in early January 2021.
Wan Hai has the option to order an additional four 3,036-TEU vessels within six months and four 2,038-TEU vessels within three months.
Wan Hai said it currently operates a fleet of 72 owned vessels and 24 chartered vessels.
BlueWater Reporting shows the carrier’s top five trades it currently allocates the most capacity toward are the Central Asia-to-Southeast Asia trade at 30,393 TEUs a week; the Southeast Asia-to-Central Asia trade at 29,207 TEUs a week; the North Asia-to-Central Asia trade at 16,252 TEUs a week; the Central Asia-to-North Asia trade at 13,647 TEUs a week; and the Asia-to-India Subcontinent trade and Indian Subcontinent-to-Asia trade, each at 8,893 TEUs per week.