China United Lines

Chinese carrier with a large orderbook

Overview

China United Lines operates 47 container ships with a combined capacity of 105,397 TEU (twenty-foot equivalent units), 0.3% of the world liner fleet, according to the Alphaliner Top 100.[1] Of that capacity, 18,120 TEU on 10 ships is owned and 87,277 TEU on 37 ships is chartered in, so chartered tonnage accounts for 82.8% of its fleet.[1] Its orderbook of 91,693 TEU on 18 ships equals 87% of its current capacity.[1] China United Lines (CULines) charters 82.8% of its capacity, and its orderbook equals 87% of its current fleet.[1]

China United Lines strengths and limitations

Strengths

  • Large orderbook ratio
  • Growing fleet
  • Flexible chartered capacity

Limitations

  • Mostly chartered
  • Small share
  • Small owned fleet

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