Ansheng in 16-ship spree

Ansheng in 16-ship spree

Antong Logistics, the parent of Ansheng Shipping, has announced a major fleet expansion, which includes 12 newbuildings and four secondhand ships.

Under the plan, Ansheng Shipping will order twelve 640 teu containerships at three domestic shipyards – Fujian Southeast Shipbuilding, Fujian Mawei Shipbuilding and Nantong Xiangyu. Each shipyard will construct four vessels.

Total investment on the new ships is RMB784m ($118m). Delivery of the vessels will start from 2019.

Additionally, Ansheng Shipping also plans to acquire four secondhand containerships, ALS Fortuna, AS Mariella, AS Mariana and AS Magnolia as first reported in our Weekly Broker column a fortnight ago. The total price of the four vessels is $59.25m.

Ansheng Shipping, owned by Chinese brothers Guo Dongsheng and Guo Dongze, mainly operates in the domestic container shipping business with a fleet of 38 containerships.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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1 Comment

  1. Avatar
    Paul Koyich
    December 15, 2017 at 9:28 am

    Sorry, not savvy on term TEU???? Help
    Paul Koyich, Oil and Gas Savvy!