CULines consolidates with first post-panamax order amid Middle East expansion
- Chinese carrier has ordered two 14,000 teu ships from Hudong-Zhonghua, scheduled for delivery 2028-2029
- Newbuildings could support the carrier’s Middle East and Red Sea operations, markets that it entered by capitalising on Houthi and Hormuz disruptions
- Order suggests CULines is looking to consolidate its position with owned tonnage rather than relying solely on chartered ships
Mid-sized Chinese carrier, which has thrived by seizing opportunities from market disruptions, now seems to be betting on bigger ships to cement its gains
