Taiwan's CSBC Corp. inked a deal to build two 1,800 teu containerships for Iseaco Holdings of Singapore. The ships were reportedly ordered at a price of $25 million each.

Delivery is expectedfor Iseaco's YL Singapore Shipping and YL Colombo Shipping during the first quarter of 2016.

Current shipbuilding projects underway at CSBC are twelve 1,800 teu vessels for SITC International, four 8,000 teu vessels for Evergreen and two 4,600 teu vessels for Yang Ming. (Source: Marinelink)