CK Line books up to four feeder boxships at Yangzijiang

CK Line, a prominent South Korean shipping company, has announced a significant investment in its fleet by ordering up to four new feeder containerships from Yangzijiang Shipbuilding in China. The deal includes two firm orders for 1,100 TEU vessels, each priced at approximately $23 million, along with options for two additional ships. The first of these new vessels is expected to be delivered in July and August of 2027, marking a notable expansion for the Seoul-based operator.

Details of the Order and Future Plans

CK Line’s latest order is a strategic move to enhance its service capabilities in the Asia region. The company currently operates a fleet of nearly 20 ships, ranging from 700 TEU to 1,900 TEU, which service various regional routes. This new order represents CK Line’s first foray into newbuilds since September 2023, when it secured two larger 2,700 TEU vessels from CSSC Huangpu Wenchong Shipbuilding for $40 million each. With this expansion, CK Line aims to strengthen its competitive position within the shipping industry, particularly as demand for container shipping continues to grow.

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By investing in modern vessels, CK Line is poised to improve its operational efficiency and meet the evolving needs of its customers. The introduction of these new feeder ships is expected to facilitate smoother logistics and enhance the company’s overall service offering. As CK Line prepares for the delivery of these vessels, the shipping industry will be watching closely to see how this investment impacts their operations and market presence in the coming years.