Cosco orders nine pulp carriers at Cosco Shipping Heavy Industy

Cosco orders nine pulp carriers at Cosco Shipping Heavy Industy

Cosco Shipping Specialized Carriers, the multi-purpose shipping unit of China Cosco Shipping, has signed shipbuilding contracts with Cosco Shipping Heavy Industry for the construction of up to nine 62,000 dwt pulp carriers.

The latest contract, which includes firm orders for five vessels and options for another four vessels, is part of Cosco’s strategy to expand its pulp carrier fleet to serve its COA contracts.

Deliveries of the vessels will start from 2020.

Last year, Cosco ordered three 62,000 dwt pulp carriers at Cosco Dalian Shipyard after the company entered into a COA contract with Brazilian pulp exporter Suzano Group.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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