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Evergreen Takes On Eco-Friendly Ultra-Large Vessels

by Mary Swine, Tax-News.com, Hong Kong

26 February 2015


Evergreen Group has signed a charter agreement with Shoei Kisen Kaisha Ltd (Shoei) to charter eleven 18,000 TEU vessels, on top of the charter of six agreed in December 2014.

These ultra-large container ships, which measure 400 meters in length and are about 59 meters wide, incorporate optimized hull profiles and minimum ballast water requirements to maximize cargo carrying capability.

Furthermore, to support the company's environmental efforts, the vessels are equipped with various environmental protection devices and fully comply with the regulations of international maritime agencies. These innovative environmental devices include:

  • A Ship-to-Shore real time data transmission system to enable operations on land to monitor and analyze navigation statistics and weather conditions and optimize speed and route planning at sea. This will lower fuel consumption and enhance navigation safety; and
  • A new generation G-type main engine developed with a longer stroke to operate at lower speeds and with the capability to reduce fuel consumption and greenhouse gas emissions by up to seven percent more than traditional main engines.

Evergreen has agreed that the ultra-large vessels will be introduced depending on market demand, with delivery scheduled during 2018-2019. They will join Evergreen's other ships within the medium to ultra-large size range, which include Evergreen's thirty 8,500 TEU L-type vessels (due to be completed in 2015), a further five 8,800 TEU vessels, and ten 13,800 TEU chartered ships. A further delivery of ten 14,000 TEU chartered ships is scheduled for 2016-17.

Upon delivery of these ships, Evergreen plans to return vessels currently under charter upon expiry of their charter periods in order to rejuvenate the fleet and optimize eco-efficiency.

TAGS: marine

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