Cosco Shipping has handed China State Shipbuilding Corp CSSC an order for 87 vessels worth more than RMB50 billion US7.07 billion.
The deal, which was signed this week, covers the full spectrum of Coscos fleet: six 24 000 TEU mega-box ships, six 210 000 dwt VLOCs, three 307 000 dwt VLCCs, four 66 000 dwt Kamsarmax bulk carriers, nine 81 000 dwt Handymax bulk carriers, four 65 000 dwt grain carriers, eight 30 000 dwt multi-purpose heavy-lift vessels, 12 MR product tankers, 12 ro-pax ferries and 23 small container ships.
Work will be spread across CSSCs top-tier yards Jiangnan, Dalian Shipbuilding, Guangzhou Shipyard International, Wuchang, Qingdao Beihai and Chengxi with deliveries starting in 2027 and running through 2030.
