Taiwanese container carrier Evergreen Marine has confirmed a major newbuilding programme with 23 container ships ordered from Chinese shipyards, collectively valued at up to $1.47 billion, as part of its ongoing fleet expansion and renewal strategy.
The order, disclosed through stock exchange filings, will be executed via Evergreen’s subsidiary Evergreen Marine Asia and split between CSSC Huangpu Wenchong Shipbuilding and Jiangsu New Yangzi Shipbuilding, part of the Yangzijiang Group.
The 23-vessel programme consists of two distinct vessel classes.
16 feeder container ships of approximately 3,100 TEU capacity, contracted with CSSC Huangpu Wenchong.
Seven post-Panamax vessels with around 5,900 TEU capacity, contracted with Jiangsu New Yangzi Shipbuilding.
According to disclosures, the 5,900 TEU class ships are priced between $67 million and $82 million each, putting the seven-vessel component between $469 million and $574 million. Meanwhile, the 3,100 TEU feeders carry price tags of $46 million to $56 million apiece, bringing that segment’s total to roughly $736 million to $896 million.
Evergreen did not release specific delivery dates for the newbuilds, but industry sources note that such vessels typically enter service within several years of contract signing once hull construction and outfitting are complete.
This latest series of orders builds on Evergreen’s multi-year tonnage expansion. In late 2025, the line announced plans to split its major fleet growth programmes between shipyards in China and South Korea, ordering additional dual-fuel LNG-ready 14,000 TEU vessels valued at about $2.8 billion with deliveries scheduled from 2028 to 2030.
Earlier newbuild campaigns also include orders for 11 ultra-large 24,000 TEU container ships, with partner yards like Hanwha Ocean and CSSC Guangzhou Shipyard International – a project valued at as much as $3.25 billion and part of Evergreen’s efforts to increase global capacity.
