Eimskip and Ernst Russ Joint Venture Orders Two Next Generation Feeder Containerships

latter half of 2028, will bolster the fleet to nine vessels and include options for two more. These new ships feature a dual-fuel propulsion system designed for LNG and methanol, ensuring environmental compliance and efficiency on the North Atlantic routes. The vessels will be deployed along Eimskip's Blue Line connecting Reykjavik and Rotterdam with a 10-year time-charter agreement. Designed by the Shanghai Merchant Ship Design and Research Institute, they include enhanced hull structures for better hydrodynamic performance. This order represents the first newbuild investment for Ernst Russ in decades and highlights the strategic importance of modernizing the fleet. The vessels' construction will be financed through a blend of equity and debt to maintain a balanced financial framework. Source: https://www.ernst-russ.de/en/press/press_release/eimskip-and-ernst-russ-joint-venture-orders-two-next-generation-feeder-containership-newbuildings-2.html