German ocean carrier Hapag-Lloyd has signed two contracts with two Chinese shipyards for a total of 24 new container vessels. Twelve 16,800 TEU newbuildings will be built by Yangzijiang Shipbuilding Group, while another twelve 9,200 TEU new boxships have been ordered from New Times Shipbuilding Company. Hapag-Lloyd said the 16,800 TEU newbuildings will be used […] The post Hapag-Lloyd invests US$4 billion in 24 new container ships appeared first on Container News .