Evergreen to charter eleven 18000teu vessels

 Evergreen to Charter Eleven 18,000 TEU Vessels
January 28, 2015 - Evergreen Group today signed time
charter agreements with Shoei Kisen Kaisha, Ltd. (Shoei) to
charter a total of eleven 18,000 TEU vessels, which include
the six units of the same capacity announced by Evergreen
Marine Corp. (EMC) and its subsidiary last December. The
charter parties were signed by EMCʼs Chairman Mr. Anchor
Chang and Shoeiʼs President Mr. Yukito Higaki. The ships
are planned to be delivered from 2018 through 2019.
Evergreen adopts the most advanced shipbuilding
technologies and cooperates with Shoei to build the new
generation ultra-large containerships. The ship
measurements are about 400 meters in length and about 59
meters wide. The ship design incorporates optimized hull
profiles and minimum ballast water requirements to
maximize cargo carrying capability. The vessels are
designed to have lager depth to strengthen hull structure
and navigation safety.
In line with the stringent eco-friendly criteria that Evergreen
has imposed on its own operation, the ships are equipped
with various environmental protection devices and fully
comply with the regulations of international maritime
agencies. Ship-to-shore real time data transmission system
is introduced to enable operation concerned departments on
land to monitor navigation statistics and weather condition,
analyse the data and take in time action for speed
optimization and route planning at sea. The capabilities can
lower fuel consumption and enhance navigation safety. The
shipʼs new generation G-type main engine is developed with
a longer stroke to operate at lower speeds with capability to
reduce fuel consumption and greenhouse gas emission up
to 7 % than traditional main engines.
Evergreen has taken this investment decision to introduce
18,000 TEU vessels based on market demand and the
capacity requirement for joint service. Current service
cooperation arrangements with its alliance partners will
enable Evergreen to efficiently utilise the capacity and
garner the potential economic benefits represented by larger
In light of the continuing demand growth in shipping market,
Evergreen Group continues to adopt the latest technologies
for fleet renewal. Along with the ongoing delivery of its own
thirty 8,500 TEU L type vessels, a programme which began
in July 2012 and is due to be completed this year,
Evergreen has already taken delivery of five 8,800 TEU and
ten 13,800 TEU chartered ships with another ten chartered
units of 14,000 TEU to be delivered in 2016/17. With the delivery of these, in total, sixty-six ships within the
medium to ultra-large size range, the carrier plans to
redeliver currently chartered vessels upon expiry of their
charter periods. The programme will rejuvenate the fleet
thereby enhancing the quality of service offered to
customers and reinforcing the lineʼs competitiveness in the