Chartworld Shipping Expands Fleet with New Orders
Greece’s Chartworld Shipping is making significant strides in its containership newbuilding program by placing an order for up to eight vessels in China. The company, led by the Kollakis family, has finalized a deal with Yangzhou Guoyu Shipbuilding for four firm orders and four optional vessels, each with a capacity of 3,100 TEU. The first of these ships is expected to be delivered in 2028, marking a strategic expansion for Chartworld in the competitive shipping market.
Strategic Growth in Containerships
This latest order is a continuation of Chartworld’s efforts to enhance its presence in the containership sector. Earlier this year, the company contracted two firm and two optional vessels of similar specifications from New Dayang Shipbuilding, also scheduled for delivery in 2028. With an estimated cost of $42 million per ship, the new series could potentially increase Chartworld’s fleet to 12 modern 3,100 TEU vessels if all options are exercised.
Chartworld’s renewed focus on containership newbuildings comes after a period of inactivity since 2021. During that time, the company ordered four larger vessels, each with a capacity of 13,288 TEU. Two of these ships were chartered to Hapag-Lloyd, while the remaining two were acquired by the German liner. Currently, Chartworld operates a fleet of 13 owned containerships, including the 2010-built 3,718 TEU CMA CGM Africa Two, alongside a diverse array of tankers and bulk carriers.
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This expansion reflects Chartworld’s commitment to adapting to market demands and enhancing its operational capabilities in the shipping industry. As global trade continues to evolve, the company is positioning itself to meet future challenges and opportunities in the maritime sector.
