Interasia Line, focusing on routes within Asia, returns to the new shipbuilding market, announcing an order of 6+2 units of 2900TEU feeder container ships at Yangzijiang Shipbuilding.
This is Interasia Line's first order at Yangzijiang Shipbuilding. The new ships are expected to use traditional propulsion and are planned for delivery in 2028. The contract price has not been disclosed, but according to foreign media, each ship costs about 40 million USD. Once the option order is confirmed, the total amount for all 8 ships will reach 320 million USD (approximately 2.285 billion RMB).
As a reference, Clarkson's data shows that the current newbuilding price for a 2600/2900TEU feeder container ship is about 45 million USD, a 7% increase compared to 42 million USD in the same period last year.
Interasia Line stated that this order is an important milestone in the company's fleet expansion strategy. The new ships aim to improve operational efficiency and sustainability, aligning with industry efforts to reduce environmental impact, and are also part of the overall strategy to expand fleet size and strengthen influence in the intra-Asia market.
According to official website data, Interasia Line was established in 1967 in Tokyo, Japan. As a pioneer in container shipping, it is committed to providing reliable container sea transport services throughout Asia. It also takes pride in being one of the long-established container shipping companies in Asia. For a long time, it has focused on operations between Japan and Singapore, Malaysia; in recent years, it has expanded services to Mainland China, Hong Kong, Taiwan, India, Vietnam, Indonesia, the Philippines, Thailand, Myanmar, South Korea, Pakistan, and continues to expand services to other regions.
According to the latest data from Alphaliner, Interasia Line currently operates a fleet of 25 container ships, including 21 owned vessels and 4 chartered vessels, with a total capacity of 74,650 TEU, ranking 28th globally with a market share of 0.2%. Additionally, Interasia Line has 9 newbuilds under construction totaling 42,892 TEU, accounting for 57.5% of the current fleet capacity.
Interasia Line mainly operates small and medium-sized container ships but has been gradually expanding its fleet size. The company has long-term chartered two 9,200 TEU container ships from Greek operator Danaos, expected to be delivered in the second half of 2027. Additionally, it has ordered a 7,092 TEU container ship at Waigaoqiao Shipbuilding, planned for delivery in the fourth quarter of 2026.
Interasia Line's order is one of 22 new ship orders disclosed by Yangzijiang Shipbuilding last week. It is understood that on August 29, Yangzijiang Shipbuilding announced it had received 22 new ship orders worth about 920 million USD (approximately 6.581 billion RMB), including 18 container ships (4 units of 1100 TEU, 4 units of 1800 TEU, 6 units of 2900 TEU, 2 units of 3000 TEU, and 2 units of 4300 TEU), 2 LPG ships of 40,000 cubic meters, and 2 bulk carriers of 83,000 deadweight tons. These new ships will be delivered between 2027 and 2029.
Yangzijiang Shipbuilding did not disclose specific information about the related shipowners. Including the latest 22 orders, Yangzijiang Shipbuilding Group has received a total of 36 orders this year, totaling about 1.46 billion USD (approximately 10.443 billion RMB), completing 24% of the annual order target of 6 billion USD.
As of June 30 this year, Yangzijiang Shipbuilding holds orders for 236 ships totaling 8.79 million CGT, valued at 23.2 billion USD (approximately 165.947 billion RMB), with deliveries scheduled through 2030. The order book includes a diverse ship type structure: 107 container ships valued at 15.97 billion USD, 39 bulk carriers valued at 1.63 billion USD, 26 liquefied gas ships (LEG/LPG/VLAC/VLEC) valued at 2.38 billion USD, and 64 oil tankers valued at 3.23 billion USD. Green clean energy ship types account for about 74% of the total order book value.