Wan Hai Lines

Taiwanese carrier that owns its whole fleet

Overview

Wan Hai Lines operates 124 container ships with a combined capacity of 627,456 TEU (twenty-foot equivalent units), 1.8% of the world liner fleet, according to the Alphaliner Top 100.[1] Of that capacity, 627,456 TEU on 124 ships is owned and 0 TEU on 0 ships is chartered in, so chartered tonnage accounts for 0% of its fleet.[1] Its orderbook of 495,800 TEU on 48 ships equals 79% of its current capacity.[1] Wan Hai owns all of its fleet, with no chartered ships in the Alphaliner count.[1] Its orderbook of 495,800 TEU is equal to 79% of its current capacity, the highest ratio among the top eleven, so its position could rise as ships are delivered.[1]

Wan Hai Lines strengths and limitations

Strengths

  • Fully owned fleet
  • Very large orderbook relative to size
  • Third Taiwanese carrier in the top eleven

Limitations

  • Small share of world capacity
  • Heavy newbuilding commitments
  • Smaller than Yang Ming and ZIM

Appears in

Wan Hai Lines peers and competitors

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