TS Lines linked to Shanghai boxship orders

Brokers are linking Taiwan’s TS Lines to a letter of intent with Shanghai Waigaoqiao Shipbuilding (SWS) for two 14,000 teu ships and two 8,000 teu vessels.

The order comes with options for two more of each ship type with brokers suggesting the prices are $145m per unit for the larger ships and $89m for the 8,000 teu ones.

TS Lines has ordered at SWS in the past. The company, founded in 2001, is the world’s 21st largest liner according to data from Alphaliner with a fleet today of 107,602 slots.