Capital Maritime, the shipping company owned by Greek king Evangelos Marinakis, has exercised an option on four 8,400 TEU LNG dual-fuel powered containerships with New Times Shipbuilding, according to Trade Winds.
In July this year, New Times Shipbuilding signed a contract with Capital Maritime for the construction of 6+4 8,400 TEU LNG dual-fuel powered containerships. Together with the 4 option containerships, the total value of the 10 new shipbuildings is about $1.25 billion (about 8.79 billion RMB), and they are expected to be delivered one after another between early 2027 and 2028.
The new shipbuildings will be equipped with shaft generators and air lubrication systems and will be chartered by Danish shipping giant Maersk after delivery, the sources said. Not long ago, Maersk announced that it will continue to promote the fleet renewal plan. It will add 800,000 TEU of fleet capacity between 2026 and 2030, equivalent to 50-60 vessels, of which 300,000 TEU will come from the Maersk newbuilding program and 500,000 TEU will be obtained through time charter agreements.
It is worth noting that the 10 new ships of New Times Shipbuilding are the first LNG dual-fuel powered container ship ordered by Evangelos Marinakis and the first container ship order placed by Capital Maritime in China, which previously preferred South Korean shipyards.
Previously, New Times shipbuilding mainly to undertake oil tankers and bulk carriers. but this year in the previously inactive container ship market and successfully won a number of container ship orders, and all use LNG dual-fuel power. However, this year, it successfully won a number of large container ship orders in the previously inactive container ship market, all powered by LNG dual fuel.
This includes Capital Maritime’s 10 8,400TEU container ships, SFL Corporation’s five 16,800TEU container ships, Eastern Pacific Shipping’s 12 18,000 TEU container ships and 4+3 8,400TEU container ships, as well as Seaspan The Corporation’s five 16,800TEU container ships, with cumulative orders worth billions of dollars, are scheduled for delivery until 2028.
