Eimskip Builds Two New Container Vessels

Thursday, September 22, 2011

Eimskip has signed an agreement to build two new container vessels. It is estimated that the vessels will be delivered in the first half of 2013. The vessels will be built by Rongcheng Shenfei Shipbuilding Co., Ltd., China based on a German design, and supervised by Germanischer Lloyd. The vessel capacity is 875 TEUs (thereof 230 reefer containers), deadweight 12,000t, length overall 140.7m, breadth 23.2m, draft 8.7m, and service speed 18.3 knots. The estimated cost of construction for the two vessels is about USD 50 million. 
The vessels will go into service in 2013 on the Southern Route, which is currently fully utilized. They will replace Brúarfoss and Selfoss which will be transferred to other services.

Gylfi Sigfússon, CEO of Eimskip
This is a major milestone for Eimskip and an important step in the build up and the renewal of the vessel fleet. The strong financial position of the company makes this investment possible.  The new vessels will strengthen the sailing network in the North Atlantic and create greater efficiency in the operation as well increase capacity on the Southern Route. These new vessels will create more jobs for Icelandic crewmembers, as the company has emphasized on operating its own container vessels with Icelandic crewmembers.