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TS Lines expands self-owned fleet by ordering two 1,096-TEUers
来源：shippingazette.com 编辑：编辑部 发布：2017/12/22 09:39:21
TO increase the ratio of self-owned vessels, Taiwan's TS Lines has signed a contract with Japan's Kyokuyo Shipyard Corp for two 1,096-TEU containerships.
The ships are expected to be delivered in June and August 2019 respectively, bringing to eight the total number of TS Lines' self-owned fleet.
TS Lines is also currently negotiating the construction of four 1,800-TEUers with CSBC Corporation, Taiwan (CSBC).
In 2015, TS Lines placed an order for four 1,800-TEUers with CSBC in 2015 and three of them have already been delivered. The the last ship is expected to be delivered on January 22 next year and will become the shipping lines' sixth self-owned ship. The ship has been registered as a national vessel.
Chairman of TS Lines, TS Chen, said apart from placing new orders, the company will continue to look for second-hand boxships in good condition. TS Lines acquired a 2,500-TEUer in September and renamed it as "TS Taichung".
"The price of international charter market shows upward trend, which affects the shipbuilding market The cost of our two newbuilds has not been raised yet. Therefore, we have placed the order now to reduce operational risk in future."
Meanwhile, TS Lines announced the launch of North China-Vietnam Express service (NV1) starting from January 2018 with port rotation of: Shanghai, Ningbo, Hong Kong, Haiphong, Hong Kong, Qingdao, Shanghai, Hong Kong, Haiphong and back to Shanghai in a 28-day round trip.
The NV1 service is jointly operated by TS Lines, Yang Ming and MCC Transport, deploying four 1,000-TEU containerships. This is the first time for MCC Transport, a subsidiary of Denmark's Maersk Line, to join TS Lines to operate a box shipping service. The first ships will depart from Shanghai and Qingdao on January 9 and January 10 next year respectively. This twice-weekly service provides customers with high-quality, fast and direct service from Central and North China to Haiphong, the company said.
To expand network in the southbound market, TS Lines joined Yang Ming to launch a new serive to Indonesia in mid November with port rotation of: Kaohsiung, Hong Kong, Shekou, Jakarta, Semarang, Surabaya and back to Kaohsiung. In addition, TS Lines joined APL to operate the SPX and NPX services with a 1,000-TEU boxship deployed by TS Lines.
TS Lines also started a joint service with GSL, KMTC, RCL and SML dubbed CMX connecting China to the Middle East on November 17. The first ship departed from Tianjin. TS Lines has deployed a 6,000-TEU boxship to the new weekly service.
So far, TS Lines is operating 36 vessels and 54 services.
In the first three quarters TS Lines reported revenues of TWD17 billion (US$567 million) and net profit of 1.1 billion. In the third quarter the company posted revenues of 5.9 billion and profits of 650 million. Although Q4 is the traditional peak season for intra-Asia trade, but due to the 20 per cent increase in bunker price and port congestion caused by bad weather, it is estimated that profit is unlikely to surpass the previous quarter.
The ships are expected to be delivered in June and August 2019 respectively, bringing to eight the total number of TS Lines' self-owned fleet.
TS Lines is also currently negotiating the construction of four 1,800-TEUers with CSBC Corporation, Taiwan (CSBC).
In 2015, TS Lines placed an order for four 1,800-TEUers with CSBC in 2015 and three of them have already been delivered. The the last ship is expected to be delivered on January 22 next year and will become the shipping lines' sixth self-owned ship. The ship has been registered as a national vessel.
Chairman of TS Lines, TS Chen, said apart from placing new orders, the company will continue to look for second-hand boxships in good condition. TS Lines acquired a 2,500-TEUer in September and renamed it as "TS Taichung".
"The price of international charter market shows upward trend, which affects the shipbuilding market The cost of our two newbuilds has not been raised yet. Therefore, we have placed the order now to reduce operational risk in future."
Meanwhile, TS Lines announced the launch of North China-Vietnam Express service (NV1) starting from January 2018 with port rotation of: Shanghai, Ningbo, Hong Kong, Haiphong, Hong Kong, Qingdao, Shanghai, Hong Kong, Haiphong and back to Shanghai in a 28-day round trip.
The NV1 service is jointly operated by TS Lines, Yang Ming and MCC Transport, deploying four 1,000-TEU containerships. This is the first time for MCC Transport, a subsidiary of Denmark's Maersk Line, to join TS Lines to operate a box shipping service. The first ships will depart from Shanghai and Qingdao on January 9 and January 10 next year respectively. This twice-weekly service provides customers with high-quality, fast and direct service from Central and North China to Haiphong, the company said.
To expand network in the southbound market, TS Lines joined Yang Ming to launch a new serive to Indonesia in mid November with port rotation of: Kaohsiung, Hong Kong, Shekou, Jakarta, Semarang, Surabaya and back to Kaohsiung. In addition, TS Lines joined APL to operate the SPX and NPX services with a 1,000-TEU boxship deployed by TS Lines.
TS Lines also started a joint service with GSL, KMTC, RCL and SML dubbed CMX connecting China to the Middle East on November 17. The first ship departed from Tianjin. TS Lines has deployed a 6,000-TEU boxship to the new weekly service.
So far, TS Lines is operating 36 vessels and 54 services.
In the first three quarters TS Lines reported revenues of TWD17 billion (US$567 million) and net profit of 1.1 billion. In the third quarter the company posted revenues of 5.9 billion and profits of 650 million. Although Q4 is the traditional peak season for intra-Asia trade, but due to the 20 per cent increase in bunker price and port congestion caused by bad weather, it is estimated that profit is unlikely to surpass the previous quarter.