Cosco’s 20,000 teu series confirmed

Cosco’s 20,000 teu series confirmed

Shanghai: Splash has confirmed rumours that China’s top maritime conglomerate Cosco has sealed a series of giant containership orders on home soil.

Brokers report Cosco has inked deals for nine plus four options of 20,000 teu vessels. The ships are split between three Chinese yards. Shanghai Waigaoqiao Shipbuilding (SWS) will build four of them, Nantong Cosco KHI Ship Engineering (NACKS) will build three, with Dalian Shipbuilding Industry Co (DSIC) contracted for two firm ships as well.

The giant ship order will take Cosco Container Lines’ fleet above 1m slots for the first time.

 

 

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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