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Splendid Achievement to Award All TR of 20 EVERGREEN Container Ships
In July, KOC Electric awarded the supply contract of all transformers for 20 EVERGREEN container ships(15,000TEU) with Samsung Heavy Industry. The ships will be progressively delivered from 2023 to 2025, and we are going to supply according to the shipyard manufacturing schedule.
Originally, EVERGREEN was planned to order separately from Japanese and Korean shipyards, but after the incident at the Suez Canal, the total quantity of 20 ships has been ordered to the Samsung Heavy Industry. Including the EVERGREEN ships, we, KOC Electric awarded a total of 34 large container ships in the first half of the year.
The first half of 2021 is considered to be the entry of the super cycle of the shipbuilding industry, and large container ships and LNG carriers are expected to be ordered in the second half of the year. Based on our rich experience and references, KOC Electric will step up the second half of the year to further strengthen the No. 1 position of transformer in the market.