Evergreen sets world record price with latest megamax orders

Evergreen has set a new record for containership prices by contracting for eleven LNG dual-fuel 24,000 teu ships split between South Korea and China, with Hanwha Ocean and CSSC Guangzhou Shipyard International. At $267.3m per megamax, this is $103m more than similar ships ordered in 2020, making it the highest price ever agreed upon for container vessel construction. Despite recent easing in newbuilding prices across sectors, the newbuild prices in the 2020s remain elevated, marking one of the most profitable decades for shipping according to Clarksons Research.

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