Cosco Shipping orders two asphalt carriers

Cosco Shipping orders two asphalt carriers

Shanghai: Cosco Shipping has announced that its fully controlled subsidiary, Cosco Southern Asphalt Shipping, has ordered two 13,000dwt asphalt carriers at Wuchang Shipbuilding Industry Co.

The price for each vessel is RMB163m ($26.2m) and deliveries are scheduled in October and November of 2016.

Cosco Southern Asphalt Shipping currently operates a fleet of eleven asphalt carriers with a total capacity of 72,300dwt.

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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