Minerva adds to boxship newbuild series

Hengli Shipbuilding Greek owner Minerva Dry has returned to China’s Hengli Heavy Industries for another series of containership newbuildings, adding to a rapidly growing boxship orderbook. The Andreas Martinos-led company has booked a batch of Hengli’s in-house-designed 3,100 teu vessels, according to an August 2 update from the Chinese shipbuilding group covering contracts secured during July. Hengli did not disclose the number of ships, price or delivery schedule. The design has been developed for regional services and feeder fleet renewal. The deal comes weeks after Minerva placed four conventionally fuelled 6,000 teu ships at the same Dalian yard. That quartet is scheduled for delivery in 2028 and is estimated to be worth around $320m. Before the latest order, Minerva had 13 containerships under construction in China. The programme included the four 6,000 teu Hengli ships, five 3,100 teu vessels at Penglai Jinglu and four 1,800 teu feeders split between Yangzijiang Shipbuilding and Huanghai Shipbuilding. Minerva operates close to 10 containerships ranging from around 1,760 teu to 2,400 teu, having built its presence in the sector through a combination of newbuildings and secondhand acquisitions. The company’s investment in container tonnage stands at roughly $1bn. Follow Us Adis Ajdin Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy. Newsletter DAILY SPLASH NEWSLETTER Subscribe now for FREE daily news updates. Subscribe Read Next August 4, 2026 Torm tied to MR newbuild series in China August 4, 2026 Arcadia expands newbuild programme with Hengli LR2 trio August 4, 2026 Three seriously injured as drone strikes Turkish roro off Novorossiysk August 4, 2026 Crewmember missing after bulker struck in Hormuz August 4, 2026 MSC sues CargoLoop over electric vehicle fire Back to top button