COSCO orders 11 mega box ships

[Hannes van Rijn]

China's largest shipping company, COSCO, on 9 September placed an order for 11 19,000 teu container ships at four domestic shipyards.

This is the largest single order for container ships Chinese yards have ever received.

COSCO's listed branch China COSCO stated in its filling to the Shanghai Stock Exchange on 9 September that it has ordered two container ships at Dalian COSCO Khi Ship Engineering (DACKS) for USD270.6 million, four at Nantong COSCO Khi Ship Engineering (NACKS) for USD541.2 million, three at CSSC Shipbuilding for USD418.5 million, and two at CSIC Shipbuilding for USD279 million.

The new ships are expected to improve the shipping capacity of COSCO's container ship fleet, stated the company.

The vessels are scheduled for delivery in 2018.

Source IHS

[Phil English]

The 3 vessels ordered at CSSC will be built at Shanghai Waigaoqiao Shipbuilding Co Ltd (SWS) and will be 20,000 TEU

The 2 vessels ordered at CSIC will be built at Dalian Shipbuilding Industry Co Ltd and will also be 20,000 TEU

Only the NACKS / DACKS ships will be 19,000 TEU (in fact 19,150 TEU)

Source: Better than IHS

Brgds
Phil  

[MO Roy]

Hi Phil,
Then what is your source?
IHS is generally not bad.
Cheers,
Roy