Ciner charts return to boxships with China newbuilds
Turkish industrial conglomerate Ciner Group is poised to re-enter the container shipping market with two 3,100 TEU vessels at China’s New Dayang Shipyard.Boxship newbuilding players estimate each ship at around $44m, with deliveries expected in late 2027. While the exact design details remain under wraps, sources suggest the vessels will be conventional boxships suitable for regional and intra-Asia trades.Ciner has previous experience in container shipping, having owned a quartet of 9,030 teu post-panamax vessels built in 2015-2016. The ships were initially chartered to Hanjin until the carrier’s collapse, after which the units were sold en bloc in 2021, marking Ciner’s exit from the container shipping business.The Istanbul-based group, best known for its bulkers, is already a known customer of New Dayang, having previously placed orders for ultramaxes at the yard.