Page 45: of Maritime Reporter Magazine (October 1995)

Evergreen To Build 10 New Confainerships In Japan 35 confainerships ordered by company in Japan since 1993 — Further expansion a possibility

The Evergreen Group an-nounced it will order ten 4,173-TEU containerships from Mitsubishi Heavy Industries.

The formal contract signing was to take place at the end of September, and the production schedule calls for deliveries to commence in 1997, with all 10 vessels in service by mid- 1998.

The new contract reaffirms

Evergreen's confidence in the Japa- nese shipbuilding industry, and es- pecially in Mitsubishi's Kobe Ship- yard, said Dr. Y.F. Chang, the Ev- ergreen Group's chairman. This facility was badly damaged in the

January 1995 earthquake, but

Mitsubishi still delivered the 4,229-

TEU Ever Result to Evergreen on schedule.

The Panamax ships, designated

D-types, are a further development of the company's successful 4,229-

TEU R-type vessel. Ten of these have been built in Japan, five by

Mitsubishi at its Kobe yard. The last vessel,Ever Repute, is currently fitting out and should enter service in late November. Mitsubishi is also building five 5,365-TEU post-

Panamax U-type containerships for

Evergreen, with deliveries sched- uled for 1996/97.

The D-types differ from the R- type in that they are significantly faster, capable of 25 knots as com- pared to 23 knots. Similarities in- clude the capability to transit the

Panama Canal, enabling both to participate in the company's Round- the-World service.

Counting existing vessels and vessels to be built, the Evergreen

Group containership fleet will num- ber 105 vessels with a total capacity in excess of 250,000 TEU.

Since 1993, the Evergreen Group has ordered 35 containerships in

Japan: 10 R-type ships; five U-type ships; 10 A-type ships and 10 D-type

Japan Ship Center

Announces New Contracts

New orders for ships recorded in

Japanese yards in August 1995 to- taled 30 vessels of 627,000 gt. This figure is 44.5 percent higher (193,000 more gt, 15 more vessels) than July.

However, it is 16.6 percent lower than the number achieved for the same month in FY '94.

Of the new orders, one vessel (49,000 gt) is for a domestic owner, while 29 vessels (578,000 gt) are for export. Seven of the vessels are scheduled for delivery in 1995; 22 for delivery in 1996; and one for delivery in 1997.

New orders in this FY total 3,839,756 gt, a 24.5 percent decrease from the same period a year before. ships. In capacity terms, this amounts to approximately 120,000

TEU. Seven of the ten 1,162-TEU

A-class ships are building for Ever- green affiliate Uniglory, which re- cently disclosed that it was discuss- ing terms with Taiwan's China Ship- building Corp. for four additional vessels of this type. Of the 35 ves- sels ordered by Evergreen in Japan, 16 have been built or will be built in

Kobe.

Evergreen and Uniglory are both now investigating new routes, and following Uniglory's successful ex- perience in the Far Eastern/South

Africa/South America trades, fur- ther expansion in the southern hemi- sphere is considered a strong possi- bility.

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