German charter shipowner Peter Dohle ordered eight container ships of 10,000 20-foot equivalent units capacity each with China’s Yangzijian Shipbuilding.
The Singapore-listed shipbuilder said it has signed an agreement with China Development Bank to provide $1 billion to Dohle to finance the order.
The ships are due to be built at the Jiangsu New Yangzi shipyard in China’s Jiangsu province.
The Dohle order is the latest contract for ultra large container ships signed in the past month as carriers seek to cut unit capital and operating costs on long haul liner routes.
Singapore’s NOL last week announced $1.54 billion of contrasts with South Korean yard Daewoo to build 10 14,000 TEUs and two 9,200 TEUs ships, and upgrade an earlier order for 10 8,400 TEUs to 9,200 TEUs.
South Korean carrier Hanjin unveiled an order last week for five 13,000 TEUs ships at a cost of $846 million.
Earlier in June, Yangzijiang Shipbuilding signed an order with New York-listed Seaspan to build seven 10,000 TEUs ships and options for a further 18 vessels in a deal worth $2.5 billion.
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