Sungdong delivers second Evergreen V-class VALUE (8,827 teu) to Costamare

South Korea’s Sungdong shipyard has delivered the 8,827 teu container ship VALUE, the second 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 VALUE 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.

The new ship has been assigned to the Far East to ECSA service ‘ESA’ jointly operated by Coscon and Evergreen and – as of mid-June – Zim. She will replace the 3,450 teu ITAL FASTOSA and therewith contribute to the service’s significant upgrade in capacity.

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