Minerva Dry Expands Container Ship Order at Hengli

billion mark, reflecting the company's significant expansion in the boxship sector. Andreas Martinos, principal of Minerva Marine, now has at least 15 container ships under construction in China, underscoring the firm's strong commitment to fleet growth through newbuildings. Hengli Heavy Industries, based in Dalian, China, continues to be a key shipyard for Minerva Dry, supporting its strategy to modernize and expand its container fleet. The vessels will be powered by conventional fuels, aligning with current market preferences. Minerva Dry’s growing orderbook highlights the ongoing demand for mid-sized container ships and the strategic importance of Chinese shipyards in global shipbuilding. The new vessels are expected to enhance the company’s operational capacity by late 2028.