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 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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