Greek transport magnate George Economou-led TMS Group has ordered as much as ten 11,400 TEU environmentally pleasant containerships in China.

The order encompasses six agency Neo-Panamax boxships and 4 choices, Greek shipbroker Intermodal revealed.
As knowledgeable, TMS Group can pay $140 million per unit, bringing the whole worth of the contract to $1.4 billion if all choices are exercised.
The containership fleet will likely be constructed at Zhoushan Changhong Worldwide Shipyard, Zhoushan Metropolis in China.
The newbuilds may have a liquefied pure gasoline (LNG) twin gas propulsion and are anticipated to be delivered between 2027 and 2029.
In late 2024, TMS Group made a comeback to the container transport enterprise because it ordered 4 methanol-ready 7,900 TEU boxships at HJ Shipbuilding & Building (HJSC) in South Korea.
It’s understood that TMS Group’s fleet at the moment includes greater than 130 ships (tankers, bulkers, gasoline carriers) operated by TMS Cardiff Gasoline, TMS Tankers, and TMS Dry, and TMS Bulkers. What’s extra, the Greek shipowner has greater than 40 vessels in its orderbook.
In associated information, TMS Tankers took supply of two new Suezmax tankers outfitted with eco-friendly applied sciences in December final yr. The 159,000 dwt crude oil tankers, Ipanema and Toska, had been constructed at New Occasions Shipbuilding in China.

