Greater China

Reederei Nord excercises Ouhua options

Shanghai: German owner Reederei Nord announced that it has exercised options for four 1,700 teu containerships at Zhejiang Ouhua Shipbuilding.

The price for each vessel is about $26m. Delivery is scheduled in the second half of 2016.

Reederei Nord has ordered a total of sixteen 1,700 teu containerships at Ouhua Shipbuilding. The first two ships have been delivered and chartered to Cosco and Cheng Lie Navigation. [15/09/14]

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