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WanHai Signs Contracts with CSBC-Kaohsiung for the Vessel Construction
WanHai signed a contract with the China Shipbuilding Corporation-Kaohsiung branch for the vessel construction in Taipei headquarter on July 6. The principal particulars of these three vessels signed are as follows: She has a maximum loading capacity of 4,205 teus, delivery on September, 2007 on schedule. Vessels ordered this time are the same with five vessels had built from CSBS last May. But they will be the top maximum capacity and the fastest speed of vessel in WanHai's fleet.

Up to now, there are 40 vessels, 28 charters and 9 brand new vessel on construction in Wanhai's fleet. Contract for new vessels will enhance self competition as well as lower the cost.