Chinese carrier Shanghai Jinjiang Shipping Group has ordered newbuildings for the first time after eight years.
Jinjiang has commissioned a pair of 1,900TEU Bangkokmax vessels at privately owned compatriot ship builder Yangfan Group, with options for another two ships. Deliveries of the firm orders are expected to be within 2023.
The price of the new feeders was not disclosed but similar newbuildings are now valued at around US$33 million.
The ships, which will be designed by Shanghai Merchant...