Ultra Large Container Vessels (ULCV): Size, Ports, Costs 2026
Updated: 2 days ago
Key Takeaways
ULCVs are generally defined as ships carrying around 18,000–20,000 TEU or more; the exact threshold varies by industry classification.
As of October 2026, MSC Irina is listed at 24,346 TEU, with a length of 399.9 metres and a beam of 61.3 metres.
Drewry/Clarksons data dated 1 March 2026 recorded 197 container ships of 18,000+ TEU on order, showing that the largest-ship segment remains a major part of fleet investment.
Red Sea security disruptions have diverted many Asia–Europe services around the Cape of Good Hope, extending voyages and increasing fuel use, vessel demand, costs and schedule pressure.
The IMO’s 2023 GHG Strategy sets 2030 and 2040 emissions checkpoints and a net-zero ambition by or around 2050; meanwhile, methanol dual-fuel designs have reached the 24,000-TEU class.
Table of contents
Ultra Large Container Vessels (ULCVs) are container ships that carry 20,000+ TEU. They lower shipping cost per container on major routes (especially Asia–Europe) but require deep-water ports, high-reach cranes, and fast terminals. Their size can also raise congestion and route-disruption risks.
As global trade grows, shipping lines use bigger ships to move more cargo in fewer voyages. That scale can reduce cost per box, support lower freight rates, and improve fuel efficiency per container. At the same time, ULCVs put pressure on ports, canals, and supply chains because a single arrival can unload thousands of containers at once.
In this guide, you’ll learn what ULCVs are, why they matter, how they’re designed, what infrastructure they need, and the key risks operators must manage.
What are Ultra Large Container Vessels (ULCV)?
Ultra Large Container Vessels (ULCVs) are the largest type of container ships, capable of carrying over 20,000 TEUs (Twenty-foot Equivalent Units), a standard measure for container capacity. TEU refers to a container’s length, which is equivalent to 20 feet. A 40-foot container, often used in global trade, counts as two TEUs.
As of October 2026, MSC Irina is listed at a nominal capacity of 24,346 TEU, with a length of 399.9 metres and a beam of 61.3 metres. Adani Ports identified it as the largest container ship by TEU capacity in its June 2025 announcement. Vessel particulars list a draft of 17.0 metres, although actual draft varies with loading and operating condition. Sources: Adani Ports, 9 June 2025; MSC Irina vessel particulars.
The orderbook is also concentrated in very large ships. Drewry/Clarksons data dated 1 March 2026 recorded 197 vessels in the 18,000+ TEU ULCV category on order, with deliveries scheduled across 2026–2030. Orderbook counts are date-sensitive and may change because of new contracts, cancellations, delivery slippage and reclassification. Source: Drewry 2026 Container Forecaster Supply Outlook extract.
Notable examples of ULCVs include HMM Algeciras, Ever Given, and CMA CGM Antoine de Saint Exupéry, all of which belong to the new generation of ships designed to maximize the efficiency of global shipping routes, particularly the key trade lanes between Asia and Europe.
ULCV vs Other Container Ship Sizes (Simple Size Ladder)
To understand what makes an Ultra Large Container Vessel (ULCV) special, it helps to see where it sits in the “size ladder” of container ships. In shipping, size is usually discussed in TEU (Twenty-foot Equivalent Units), which is a simple way to measure how many standard 20-foot containers a ship can carry.
Smaller ships focus on short regional routes and smaller ports, while larger ships are built for long-distance trade lanes and major hubs with deep water and huge cranes. As ship size increases, the cost per container can drop, but port requirements and operational risks usually rise too.
The labels below are approximate: ship-size categories overlap, and dimensions depend on the design and loading condition. The table uses representative design points rather than implying that every vessel in a TEU band has identical dimensions.
Representative capacity / vessel | Capacity (TEU) | Length overall (m) | Beam (m) | Draft (m) |
Large neo-Panamax design point | 12,500 | 366 | 48.4 | 13.5 |
Large neo-Panamax design point | 14,000 | 366 | 48.4 | 15.0 |
Very large container-ship design point | 18,340 | 399 | 59.0 | 16.0 |
Very large container-ship design point | 20,568 | 399 | 58.6 | 16.0 |
MSC Irina (reported vessel particulars) | 24,346 | 399.9 | 61.3 | 17.0 |
The design-point dimensions are drawn from a container-ship design table published by Port Technology International; MSC Irina’s capacity and principal dimensions are reported by Adani Ports, while the 17.0 m draft is listed in the vessel particulars database. Sources: Port Technology International, Container Ships design manual; Adani Ports, MSC Irina at Vizhinjam; New-Vessels, MSC Irina particulars.
Important: TEU is nominal container capacity, not the number of containers carried on a particular voyage. Draft varies with loading, fuel, ballast and operating conditions. Panama Canal fit is determined by the vessel’s actual dimensions and canal restrictions, not TEU alone.
The Role of ULCVs in Global Trade
Global trade has grown exponentially over the last few decades, driven by rising consumer demand, economic expansion in developing regions, and advancements in technology that make it easier and faster to transport goods across continents. As international trade flows continue to grow, the demand for shipping solutions that offer greater efficiency and lower costs has risen in parallel.
ULCVs have emerged as the solution to meet this demand. These vessels can transport an unprecedented volume of goods in a single voyage, drastically reducing shipping costs per container compared to smaller vessels. By enabling shipping companies to maximize economies of scale, ULCVs help reduce transportation costs and make international trade more cost-effective.
ULCVs are particularly important for long-haul routes, especially between Asia and Europe, the two regions that account for the bulk of global maritime trade. On these routes, ULCVs operate on scheduled services known as liner trades, which are essentially maritime highways for goods ranging from consumer electronics to automobiles and raw materials.
The strategic importance of ULCVs lies in their ability to meet the growing demand for cargo space while keeping costs low. By reducing the number of trips needed to transport goods, ULCVs also help reduce fuel consumption, contributing to the overall efficiency of the global supply chain.
Design and Engineering of ULCVs
The design and engineering of Ultra Large Container Vessels are nothing short of remarkable. These ships are not only massive in size but are also packed with technological advancements aimed at improving fuel efficiency, safety, and environmental sustainability. Let’s break down the key features of ULCV design:
Hull Design: The hulls of ULCVs are designed to optimize water flow around the ship to minimize drag, which reduces fuel consumption and allows the ship to travel faster with less energy. Modern ULCVs often feature a bulbous bow, which further reduces drag by altering the water flow around the hull. This design innovation helps ULCVs save fuel, making them more environmentally friendly and cost-efficient over long voyages.
Engine Technology: ULCVs are equipped with highly advanced engines that are designed for fuel efficiency. These engines often use dual-fuel technology, which allows them to run on both traditional heavy fuel oil (HFO) and liquefied natural gas (LNG). The shift toward LNG is particularly important because LNG is a much cleaner fuel, emitting fewer pollutants such as sulfur oxides (SOx) and nitrogen oxides (NOx), which are harmful to both the environment and human health.
Automation and Digitalization: Many ULCVs feature advanced automated systems that help optimize ship operations. For example, ship operators can use real-time data on weather patterns, ocean currents, and fuel efficiency to make adjustments to the ship’s speed and route. Digital systems also help in monitoring the cargo, ensuring that it is loaded and unloaded as efficiently as possible.
Size and Capacity: The sheer size of ULCVs presents both opportunities and challenges. On the one hand, larger ships can carry more cargo, which increases efficiency and reduces per-unit shipping costs. On the other hand, these ships require specialized port infrastructure, such as longer berths, larger cranes, and deeper water channels, to accommodate their size.
Overall, the design and engineering of ULCVs represent the pinnacle of modern maritime technology, combining size with efficiency and sustainability to meet the needs of the global shipping industry.
Ports and Infrastructure Required for ULCVs
One of the biggest challenges associated with ULCVs is their need for specialized ports and infrastructure. Not every port in the world can accommodate these giants. Ports must have the right combination of deep-water channels, long berths, and massive cranes capable of loading and unloading containers quickly and safely.
For example, Port of Rotterdam, Port of Shanghai, and Port of Singapore are among the few ports worldwide equipped to handle ULCVs. These ports have invested heavily in upgrading their infrastructure to handle the larger volumes of cargo and the greater physical demands posed by ULCVs.
Cranes: Ports that handle ULCVs must use ultra-large gantry cranes capable of reaching across the wide decks of these vessels. These cranes must also have the lifting capacity to move multiple containers in a single operation to ensure efficient cargo handling.
Berths: ULCVs require longer berths to dock, and the ports that cater to these ships must have dedicated facilities that can accommodate vessels over 400 meters long. Ports that cannot provide these extended berths are unable to handle ULCVs, which limits their role in global trade routes.
Channel Depth: ULCVs have a deep draft, which means they need deeper channels to navigate safely. Ports that wish to serve ULCVs must regularly dredge their harbors to maintain the necessary depth, often exceeding 15-16 meters.
Logistics and Automation: Handling such massive volumes of cargo in a short time requires automated logistics systems that can efficiently manage the storage, transportation, and distribution of goods. Many ports that serve ULCVs have adopted automated cranes, shuttles, and tracking systems to optimize the movement of containers from ship to shore.
Ports that can accommodate ULCVs are well-positioned to become critical nodes in the global supply chain, benefiting from increased trade volumes and greater economic activity.
Environmental Considerations
Despite their enormous size, ULCVs have been designed with a focus on environmental sustainability. Shipping, as a whole, is one of the most efficient modes of transportation in terms of fuel usage per ton of cargo transported, and ULCVs further optimize this efficiency by carrying larger loads, which reduces the amount of fuel consumed per container.
Alternative-Fuel Technology: ULCVs are being built with several fuel pathways, including LNG and methanol dual-fuel systems. These can reduce some air pollutants or enable lower lifecycle greenhouse-gas emissions when the fuel is produced sustainably, but neither fuel should automatically be described as zero-emission. Lifecycle performance depends on fuel production, supply and engine operation.
Emission Control Technologies: In addition to using cleaner fuels, many ULCVs are equipped with exhaust gas cleaning systems, or scrubbers, which remove harmful pollutants from the ship’s exhaust before it is released into the atmosphere. These systems allow ULCVs to meet international emissions standards, such as the IMO 2020 regulation, which caps sulfur emissions from ships.
Energy Efficiency Designs: Many ULCVs are designed to be more energy-efficient, with features such as air lubrication systems that reduce friction between the hull and the water, thereby decreasing fuel consumption. Additionally, hull coatings that reduce resistance in the water help to further enhance fuel efficiency.
The Role of ULCVs in Reducing Carbon Emissions: By transporting more goods in a single voyage, ULCVs reduce the number of trips required to move a given volume of cargo. This reduction in voyages leads to lower fuel consumption overall, which translates into fewer greenhouse gas emissions per ton of cargo. As a result, ULCVs contribute to a lower carbon footprint for global shipping.
However, despite these advancements, the sheer size of ULCVs means that they still pose environmental challenges. Their construction requires large quantities of materials, and any operational mishaps, such as oil spills or accidents, can have devastating environmental consequences.
The Economics of ULCVs
The primary economic advantage of ULCVs lies in their ability to transport a large number of containers in a single trip, thereby significantly reducing transportation costs per container. This concept, known as economies of scale, is one of the most compelling reasons shipping companies invest in ULCVs. By maximizing the amount of cargo transported per voyage, ULCVs allow shipping lines to reduce fuel consumption, labor, and port handling costs per unit. This results in lower overall shipping costs, which can be passed on to customers and end consumers, making international trade more affordable.
However, the economics of operating ULCVs is not without its challenges. Below are some of the key factors that influence the financial viability of ULCVs:
1. High Initial Investment Costs
The construction of ULCVs requires significant capital investment, often running into hundreds of millions of dollars per vessel. The sheer size of these ships means they require advanced materials, cutting-edge technology, and specialized shipyards capable of handling such large projects. Additionally, ULCVs must be maintained to high standards, which also adds to operational costs.
2. Port and Infrastructure Investments
Beyond the cost of the ships themselves, ULCVs also necessitate substantial investments in port infrastructure. Ports need to upgrade their facilities to accommodate the size and capacity of these vessels, which can be a limiting factor in certain regions. Smaller or less-developed ports may not have the financial means to make these upgrades, thus limiting the network of ports that ULCVs can access.
3. Operational Costs and Fuel Consumption
While ULCVs are more fuel-efficient on a per-container basis, their overall fuel consumption remains high due to their size and the distances they travel. The cost of fuel, especially for alternative fuels like LNG, is a significant operational expense. Moreover, ULCVs require larger crews and more sophisticated equipment, further adding to their running costs.
4. Risk of Overcapacity
The global shipping industry is cyclical, and the introduction of ULCVs can exacerbate periods of overcapacity. Overcapacity occurs when there are too many ships and not enough demand for shipping services. When ULCVs were first introduced, many shipping lines ordered them in anticipation of growing global trade. However, trade growth does not always keep pace with fleet expansion, which can lead to excess capacity, lower freight rates, and diminished returns for shipowners.
During times of low demand, the operational costs of running ULCVs may exceed the revenue generated, leading to financial losses. Shipping companies must carefully balance their fleet size with global trade volumes to avoid overcapacity, especially during economic downturns.
5. Freight Rates and Competitive Pressures
The introduction of ULCVs has had a direct impact on freight rates in the shipping industry. By increasing the capacity of each voyage, ULCVs have put downward pressure on freight rates, particularly on major trade routes. While this benefits importers and exporters by lowering transportation costs, it can also reduce profit margins for shipping lines, especially during periods of intense competition.
In order to remain competitive, shipping companies often form alliances or partnerships that allow them to share vessels and optimize their networks. These alliances help spread the costs and risks associated with operating ULCVs, allowing companies to maintain profitability even when freight rates are low.
Challenges in Operating ULCVs
Operating ULCVs presents a range of challenges beyond their economic and environmental considerations. These challenges must be carefully managed to ensure the smooth operation of these massive vessels and to prevent costly disruptions.
1. Navigational Challenges
Due to their size, ULCVs face unique navigational challenges, particularly when passing through narrow waterways such as the Suez Canal or the Panama Canal. Navigating these routes requires precise maneuvering and coordination with local pilot services, and even small errors can lead to accidents or delays.
A notable example is the Ever Given incident in March 2021, when the ship grounded and blocked the Suez Canal for six days. Ever Given is often described as a ULCV, but its reported nominal capacity of about 20,124 TEU places it close to the lower boundary of the category rather than among today’s largest 24,000-TEU vessels. The incident highlighted how a single grounding in a constrained waterway can disrupt global supply chains.
2. Port Congestion
When a ULCV arrives at a port, it unloads thousands of containers, which can strain port operations and lead to congestion. Ports that handle ULCVs must be highly efficient in managing the flow of cargo to avoid delays, but even small disruptions in port operations can cause backlogs that affect global shipping schedules.
Port congestion can also have a ripple effect on global trade, causing delays in the delivery of goods and increasing costs for shippers. ULCVs, with their massive cargo loads, amplify this risk, particularly in ports that may not be fully equipped to handle such large volumes.
3. Crew Training and Management
Operating a ULCV requires a highly trained crew, as the ship’s size and complexity demand specialized skills. Crew members must be trained not only in navigating large vessels but also in managing sophisticated cargo handling systems, safety protocols, and automated equipment.
Furthermore, ULCVs often have longer voyages than smaller ships, which means the crew must be prepared to spend extended periods at sea. This can present logistical challenges related to crew rotations, health and safety, and the mental well-being of crew members.
4. Maintenance and Repairs
Maintaining a ULCV is a significant challenge due to its size and the complexity of its systems. Regular maintenance is essential to ensure the ship’s longevity and operational efficiency, but the cost of maintaining such a large vessel can be substantial. ULCVs also require specialized dry docks for repairs, which can limit the availability of maintenance facilities.
Additionally, any mechanical failure or technical issue on a ULCV can have serious consequences, given the ship’s massive size and the value of the cargo it carries. Shipowners must invest in advanced monitoring systems to detect potential issues early and prevent costly breakdowns.
Chokepoints and Risk: Suez, Panama, and Strait Constraints
Ultra Large Container Vessels (ULCVs) move huge volumes efficiently, but their size makes them more exposed to chokepoint risk, narrow waterways where a small problem can trigger a big supply chain shock. Routes like the Suez Canal, the Panama Canal, and busy straits (such as Malacca, Gibraltar, Bosporus, or Danish Straits) have strict traffic rules, limited passing space, and heavy reliance on local support services. For ULCVs, that combination can turn minor disruptions into major delays.
In narrow channels, even normal conditions like strong crosswinds, poor visibility, or high traffic density increase the need for careful speed control and precise steering. That’s why pilotage (local pilots boarding the ship to guide it safely) and tug support are common in many constrained areas. A ship this large has more “windage” (surface area exposed to wind), slower turning response, and less room for error, especially during canal transits or port approaches.
The Red Sea disruption has shown how quickly a route-security event can affect ULCV networks. Carriers diverting Asia–Europe services around the Cape of Good Hope add sailing days and distance, tying up ships and containers for longer and increasing fuel, crew, insurance and schedule costs. UNCTAD reported that rerouting contributed to a record 6% rise in global ton-miles in 2024, while Suez Canal tonnage remained about 70% below 2023 levels by May 2025. These are dated indicators of the disruption’s scale, not a claim that every service remained diverted throughout 2026. Source: UNCTAD, Review of Maritime Transport 2025.
The operational consequences can include missed berth windows, crane schedule clashes, yard congestion and rolled cargo. Because one ULCV carries a large volume, a late arrival can affect subsequent calls on a service rotation. Shipping lines may add schedule buffers or alter port rotations, but those measures can increase the number of vessels required to maintain service frequency.
The Future of ULCVs
As global trade continues to evolve, the role of Ultra Large Container Vessels in the maritime industry is likely to grow even more significant. Here are some of the trends and innovations that will shape the future of ULCVs:
1. Advancements in Ship Design and Efficiency
Shipbuilders are constantly working to improve the design and efficiency of ULCVs. Future vessels may incorporate even more advanced hull designs, propulsion systems, and materials that further reduce fuel consumption and emissions. Innovations such as air lubrication systems, which create a layer of air bubbles along the ship’s hull to reduce friction, are already being tested and could become standard in the next generation of ULCVs.
2. Greener Shipping Solutions
The IMO’s 2023 GHG Strategy sets the current international policy direction. It calls for international shipping’s average carbon intensity to fall by at least 40% by 2030 versus 2008; total annual GHG emissions to fall by at least 20% by 2030, striving for 30%, and by at least 70% by 2040, striving for 80%; and net-zero GHG emissions by or around 2050. The Strategy also aims for zero- or near-zero-GHG technologies, fuels and energy sources to account for at least 5% of shipping energy by 2030, striving for 10%. These are sector-wide ambitions/checkpoints, not guaranteed performance levels for every ULCV. Source: IMO, 2023 Strategy on Reduction of GHG Emissions from Ships.
3. Digitalization and Automation
The future of ULCVs will also be shaped by advances in digitalization and automation. Autonomous ships are already being developed, and while fully autonomous ULCVs may be some years away, increased automation in navigation, cargo handling, and maintenance could significantly improve operational efficiency.
Blockchain technology is another innovation that could streamline the management of ULCVs, particularly in areas like supply chain transparency, cargo tracking, and document management. By using blockchain to create a tamper-proof digital ledger, shipping companies can reduce the risk of fraud, improve the security of transactions, and enhance the overall efficiency of global trade.
4. Increasing Global Trade Volumes
As global trade volumes continue to rise, the demand for ULCVs is expected to grow. While there are challenges related to overcapacity, the overall trend suggests that ULCVs will remain a key component of the global shipping fleet. The ability to transport more goods in a single voyage, combined with the economic and environmental benefits of these vessels, will ensure their continued relevance in the shipping industry.
Conclusion
Ultra Large Container Vessels (ULCVs) represent the cutting edge of maritime technology and are indispensable to the global shipping industry. Their ability to transport enormous quantities of goods efficiently and at a lower cost per unit has made them vital to international trade. However, operating these giants of the sea presents unique challenges, from port infrastructure requirements to environmental and operational risks.
As the shipping industry moves toward a greener and more automated future, ULCVs will continue to evolve, incorporating new technologies and innovations that enhance their efficiency and reduce their environmental impact. By addressing the challenges and maximizing the opportunities presented by ULCVs, the maritime industry can ensure that these vessels remain central to global trade for years to come.
In conclusion, while ULCVs are already transforming the shipping landscape, their full potential is yet to be realized. As technology and regulations advance, ULCVs will play a critical role in shaping the future of global logistics, offering more efficient, sustainable, and innovative solutions to the world’s growing trade demands.
FAQS
What TEU capacity qualifies as a ULCV?
A ULCV (Ultra Large Container Vessel) is commonly used for ships around 18,000–20,000 TEU and above, although the threshold varies by industry classification. Drewry’s 2026 classification uses 18,000+ TEU.
What is the largest container ship by nominal TEU capacity?
As reported by Adani Ports in June 2025, MSC Irina has a nominal capacity of 24,346 TEU and measures 399.9 metres long and 61.3 metres wide. Reported draft is about 17 metres, but actual draft changes with loading and operating conditions. Source: Adani Ports.
How big is a ULCV in meters and feet?
The largest current designs are about 400 metres long and more than 60 metres wide. Draft depends on the vessel design and how it is loaded; MSC Irina’s reported design draft is about 17 metres.
Which routes use ULCVs the most (and why)?
ULCVs mainly operate on the Asia–Europe trade lane because volumes are high and ports are well-equipped. These routes support economies of scale, making cost per container lower on long, stable services.
What ports can handle ULCVs and what equipment is needed?
Only major hubs can handle ULCVs, typically requiring 16m+ channel depth, long berths, high-capacity terminals, and ship-to-shore cranes with 22–24 row outreach plus strong yard and gate automation.
Can ULCVs use the Panama Canal or only Suez?
Most ULCVs are too large for Panama, even after expansion, because of beam and draft limits. They mainly transit the Suez Canal or sail around the Cape, depending on risk, cost, and schedules.
How many 18,000+ TEU ULCVs were on order in 2026?
Drewry/Clarksons data dated 1 March 2026 recorded 197 ships in the 18,000+ TEU category on order. This is a dated snapshot, not a live October count. Source: Drewry 2026 Container Forecaster Supply Outlook extract.
How do Red Sea disruptions affect ULCVs?
Diversions around the Cape of Good Hope lengthen Asia–Europe voyages, tie up vessel capacity for longer and can increase fuel, insurance and operating costs. UNCTAD reported that rerouting contributed to a 6% rise in global ton-miles in 2024 and that Suez Canal tonnage remained about 70% below 2023 levels by May 2025. Source: UNCTAD, 24 September 2025.
What are the IMO’s 2030 and 2050 climate targets?
The IMO’s 2023 strategy calls for at least a 40% reduction in average carbon intensity by 2030 versus 2008, total annual shipping GHG emissions down at least 20% by 2030 (striving for 30%) and at least 70% by 2040 (striving for 80%), and net-zero GHG emissions by or around 2050. These are sector-wide goals, not a promise that every ship will meet the same reduction. Source: IMO.
Are methanol dual-fuel ULCVs already in service?
Yes. OOCL announced OOCL Wisdom, a 24,168-TEU methanol dual-fuel container ship, in May 2026. The potential climate benefit depends on the methanol’s lifecycle emissions and production pathway. Source: OOCL, 8 May 2026.
How many crew members operate a ULCV?
Despite their size, ULCVs typically operate with a crew of about 20–25 people, covering navigation, engineering, safety, and catering. High automation and standardized procedures help keep crew size relatively small.
Are ULCVs more fuel efficient than smaller ships?
ULCVs are usually more fuel efficient per container due to economies of scale, especially on long-haul routes. However, total fuel consumption is still very high, and efficiency depends on speed, weather, and utilization.
Citations
1. Adani Ports — MSC Irina, described as the world’s largest container ship by capacityhttps://www.adani.com/newsroom/media-releases/worlds-largest-container-ship-msc-irina-makes-historic-debut-at-vizhinjam-international-seaport
2. New-Vessels — MSC Irina vessel particularshttps://system.new-vessels.com/Ship-10547828-MSCIrina.html
3. Port Technology International — Container Ships Design Manualhttps://www.porttechnology.org/wp-content/uploads/2021/02/SFT-Design-Manual-A4-English-Low-Resolution.pdf
4. Drewry — 2026 Container Forecaster supply outlook extracthttps://www.scribd.com/document/1055401117/DrewryDownloadFile-53
5. UNCTAD — Maritime trade under pressure as growth set to stall in 2025https://unctad.org/news/maritime-trade-under-pressure-growth-set-stall-2025
6. International Maritime Organization (IMO) — 2023 Strategy on Reduction of GHG Emissions from Shipshttps://www.imo.org/en/ourwork/environment/pages/2023-imo-strategy-on-reduction-of-ghg-emissions-from-ships.aspx
7. OOCL — Announcement concerning its methanol dual-fuel vessel, OOCL Wisdomhttps://www.oocl.com/eng/pressandmedia/pressreleases/2026/Pages/08May2026.aspx
8. Nantong Municipal Government — OOCL Wisdom vessel announcementhttps://en.nantong.gov.cn/2026-05/15/c_1190208.htm
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Vivek Seth
Ex. Sr. Vice President
Vivek Seth is Chairman of Shipfinex, bringing decades of maritime operational expertise and leadership to the platform. As the former Senior Vice President of Marine Services at ADNOC Logistics & Services, he has experience across tanker operations, LNG markets, and marine asset management. His industry background provides practical insight into maritime operations and the commercial considerations involved in managing marine assets.
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