Peter T. Leach, Senior Editor | Aug 29, 2012 9:02AM EDT
OOCL said it is delaying the delivery date of the remaining six container ships out of eight with capacities of 8,888 20-foot-equivalent units that it ordered from Hudong-Zhonghua Shipbuilding in Shanghai in October 2007.
The Hong Kong-based shipping line said in an announcement on the Hong Kong Stock Exchange that delivery of the six vessels has been revised from the fourth quarter of 2013 to the fourth quarter of 2014, with all the other terms of the shipbuilding contracts remaining unchanged.
With a total of 1.8 million TEUs of capacity scheduled for delivery in 2013, according to Alphaliner, carriers will have more than enough capacity next year to meet demand, so they have begun to push back delivery dates when they can.
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