TS Lines chairman Chen Te-sheng believes that new regulations governing greenhouse gas emissions, due in less than two years could cause a shortage of available tonnage.
Speaking at a press briefing to announce TS Lines’ Q1 2021 results on 12 May Chen explained the company’s decision to order four 7,000TEU ships, which he expects to be contracted in the near future.
Chen said that newbuildings would not cost more than US$300 million in total. The decision to order more newbuildings, after...
https://container-news.com/ts-lines-says-imo-rules-could-cause-2023-vessel-shortage/