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CSSC Shipping books four feeder boxships at Wuchang Shipbuilding

CSSC Shipping, the leasing arm of state-owned China State Shipbuilding Corporation, said its subsidiary has agreed with Wuchang Shipbuilding to build four 1,100 teu feeder containerships.

The Hong Kong-listed firm said in a regulatory filing that CA Shipping, a 60/40 joint venture between CSSC Shipping’s Fortune Container Carriers and ASL Navigation will pay a total just shy of $92m for the quartet.

The vessels are expected for delivery between January 31, 2024 and August 31, 2024.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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