ContainersGreater ChinaShipyards
Sinotrans Shipping orders four boxships at CSSC Huangpu Wenchong
China’s Sinotrans Shipping has signed contracts with CSSC Huangpu Wenchong Shipbuilding for four 1,900 teu containerships.
Sinotrans said the “energy-saving” vessels were ordered at a price of $24.55m each, and were expected to be delivered in May, June, September and November 2017.
A 10% deposit has been placed by Sinotrans with the balance payable in four instalments.
Sinotrans said placing the order was down to the current relatively low construction cost. The energy-saving ships will enable the company to optimize the composition of its fleet while also expanding the capacity of its self-owned fleet to reduce ship chartering costs.