Chartworld eyes New Dayang boxships

Chartworld Shipping Expands Container Fleet with New Order

Chartworld Shipping, based in Greece, is set to make a significant return to the newbuilding sector by expanding its container fleet. The company is reportedly finalizing a deal for four 3,100 TEU vessels with Chinese shipbuilder New Dayang, according to Athens-based shipbroking sources. This potential order includes two firm vessels and two options, with deliveries anticipated in 2028 at an estimated cost of $42 million each.

Details of the New Order

If finalized, this order would represent Chartworld’s first acquisition of containerships since 2021 when it ordered four 13,288 TEU vessels. Of those, two were chartered to Hapag-Lloyd while the other two are owned directly by the German liner. Currently, Chartworld has a fleet of 13 owned boxships, including the 3,718 TEU CMA CGM Africa Two, built in 2010 by Hanjin Subic.

This move comes at a time when Greek shipping companies are actively engaging in the boxship market. Latsco Shipping has recently placed an order for two firm and two optional 1,900 TEU vessels at Huangpu Wenchong Shipbuilding in Guangzhou. Alberta Shipmanagement and Chios Navigation are also pursuing similar projects at Chinese yards, indicating a robust trend among Greek owners. Other notable companies, such as Capital Maritime, Navios Maritime Partners, Danaos, and TMS Group, are reportedly seeking new boxship tonnage as well.

New Dayang Shipbuilding Expands into Tanker Market

Market Trends and Outlook

German shipowners are also reported to be exploring new opportunities, with a series of letters of intent (LOIs) for 3,000 TEU feeder vessels at unnamed Chinese yards. While specific details on these projects remain limited, they are reportedly progressing toward contract finalization.

According to MB Shipbrokers, overall market inquiry remains strong, with shipyards now booking projects into 2028. Though the volume of new orders is relatively low, the market sentiment is positive and pricing appears stable, suggesting a cautious optimism in the shipping sector.

 

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