COSCO Shipping Orders 12 LNG Dual-Fuel 18,000 TEU Container Ships from Jiangnan Shipyard
Shanghai: COSCO Shipping Holdings has selected Jiangnan Shipyard for the construction of 12 new 18,000 TEU LNG dual-fuel container vessels, reinforcing its long-term fleet expansion and decarbonization strategy.
The shipbuilding contracts are signed and each ship is estimated to cost around RMB 1.4 billion (USD 200 million). The order is a significant move in the quest by COSCO Shipping to increase its fleet capacity, balance growth and competitive edge in the global container shipping market.
