Cosco orders nine 20,000-TEU ships, perhaps 13 vessels in all


SINGAPORE's marine portal Splash 24/7 said it has confirmed rumours that China's top maritime conglomerate Cosco has sealed deals for giant containership orders on home soil.

SINGAPORE's marine portal Splash 24/7 said it has confirmed rumours that China's top maritime conglomerate Cosco has sealed deals for giant containership orders on home soil.

Brokers report Cosco has signed deals for nine plus four options on 20,000-TEU vessels that will take Cosco Container Lines above one million slots for the first time.


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 orders as well.

The giant ship order will take Cosco Container Lines' fleet above one million slots for the first time.



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