It is understood that thanks to the surge in freight rates, Evergreen Marine’s profit surged last year, the third quarter alone more than the previous three years combined. Add to be affected by the factor such as lack cabinet lack cabin, the evergreen sea of rich and powerful opened the expansion route of a lot of shipbuilding.
At present, EVA Marine has ordered 46 self-commissioned vessels and long-charter vessels with a total order price of about $6.096 billion. There are also 20 15,000 TEU container ships under negotiation.
COSCO Shipping Group and CAFI Group, which rank 3rd and 4th in global shipping capacity, are also locked in the competition of shipping capacity.
The existing capacity of the two is 3038254TEU and 2995955TEU respectively, only a difference of 42299TEU. With the addition of new shipbuilding orders, the capacity gap between the two is expected to be further narrowed.
But it is unclear what will happen to the shipping market during the 1-2 year period from contract to delivery, and whether Maersk will be willing to relinquish the top spot. Is there a new dark horse ship enterprise leaping forward? The competition among shipping lines for capacity is far from over.
Shippers made a lot of money in 2020, and in the face of the unpredictable 2021, this round of capacity shuffle may be the New Year’s shipping market surging.
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