The larger of the two orders is for a dozen 22,000-TEU ships that the carrier said will “boost (its) competitive advantage” on routes such as the Far East to Northwest Europe.
Rates have been trending higher since the beginning of August due to the dislocation of carrier services linked to a string of storms that have disrupted operations at key ports in China.
An active participant in the port’s clean-air initiatives, Yusen has agreed to spend $200 million on zero-emission equipment at its terminal under terms of the lease extension.
