First of Evergreen’s new V-class: Sungdong delivers VALOR (8,827 teu)

South Korea’s Sungdong shipyard has delivered the 8,827 teu container ship VALOR, the first of five 300m long compact vessels ordered in May 2011 by Costamare. The Greek non-operating owners commited to the quintet with the backing of long-term charters to Evergreen Marine.

Sungdong actually builds a total of 11 such ships: in addition to the five Evergreen units, the yard also won orders for six more units for the Mediterranean Shipping Company. Some of these will be delivered directly to MSC, whereas others have been ordered on behalf of MSC by third parties, including Costamare.

The VALOR is 300.01m long and 48.20m (19 rows) wide. She is thus one example of the growing number of compact wide beam ships in the size range of about 9,000 teu in service for or ordered by carriers such as MSC, Evergreen, CMA CGM, CCNI and CSAV.

With its new V-class series, Evergreen revives some traditonal names of the Taiwanese carrier. The original V-class ships were units of about 1,100 teu, built in 1978 and 1979 in Japan and Taiwan. Notably, the first of the new vessels will actually be delivered as VALOR and not as EVER VALOR and it remains to be seen whether Evegreen will rename the ship with its corporate prefix at a later date.

The new (EVER) VALOR has been assigned to the Far East to ECSA service ‘ESA’ jointly operated by Coscon and Evergreen and – as of mid-June – Zim, which so far unly used to buy slots. Two months ago, the carriers made headlines when they doubled the capacity of the service from about 4,500 teu per week to close to 9,000 teu.

Evergreen’s new VALOR will be followed by the VALUE in June and the VALIANT in July. Both are set to join the ‘ESA’ loop. The final sisters of the quintet, VALENCE and VANTAGE, are due before the end of August.


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