A ship order with a very early delivery date from Sea Consortium, the parent of X-Press Feeders, has been revealed.
Clarksons Research is reporting Sea Consortium has ordered a pair of 2,800 teu boxships at Hyundai Mipo in South Korea with delivery due in March and May 2027. The ships are costing $56m each.
Most yards in South Korea are only able to offer delivery slots in 2028 these days on the back of rampant orders for containerships and LNG carriers over the past three years.
Containership orders show little sign of slowing down despite concerns about overcapacity and the less stable global trading environment.
“The post-Easter period appears to be bringing renewed momentum, and additional contracts are expected to be reported in the next couple of weeks,” commented MB Shipbrokers in its latest weekly report.