Wenchong Shipyard picks up cancelled Yangzhou Guoyu orders
CSSC-affiliated Guangzhou Wenchong Shipyard has signed a letter of intent with German owner Nordic Hamburg for the construction of four 1,400teu dual-fuel containerships with options to order two more.
Nordic Hamburg ordered the six vessels at Yangzhou Guoyu Shipbuilding in 2014 and planned to charter the vessels to Finnish company Containerships. Nordic Hamburg and Containerships cancelled the orders at Guoyu Shipbuilding in May due to the poor financial situation at the yard.
Wenching Shipyard, which currently has more than 20 feeder containerships in its order book of around 60, previously built a trio of 3,400teu containerships for Nordic Hamburg, delivering in 2013 and 2014.
Last week, the yard also received orders to construct four feeder containerships from US owner Tropical Shipping.