Core Viewpoint - Recently, Haifeng International Holdings (01308) announced the exercise of an option to order two additional 2,700 TEU feeder container ships from Huang Hai Shipbuilding Co., increasing its total order for this type of vessel to eight [1][5]. Group 1: Order Details - The two newly ordered vessels have a total price of $76.36 million, maintaining the same unit price as previous orders [3][8]. - Initially, Haifeng International announced an order for four similar vessels in August 2023, with a total contract value of $152.7 million [3][8]. - The company has exercised options to order two additional vessels on October 31, 2025, and January 30, 2026 [3][8]. Group 2: Delivery Schedule - The delivery schedule for the new vessels is as follows: - The fifth contract's vessels are expected to be delivered by September 30, 2028, or earlier - The sixth contract's vessels are expected to be delivered by November 30, 2028, or earlier - The seventh contract's vessels are also expected to be delivered by November 30, 2028, or earlier - The eighth contract's vessels are expected to be delivered by March 31, 2029, or earlier [6][10]. Group 3: Fleet Expansion and Market Position - The new ship orders aim to expand Haifeng International's fleet to meet the growing operational demands of the group and to strengthen its leading position in the Asian shipping market [3][8]. - According to Alphaliner, Haifeng International operates a total of 120 container ships, with 100 of them being owned vessels [9].