COSCO Shipping Holdings has placed an order for 12 methanol dual-fuel 24,000 TEU boxships for a value of almost $2.9 billion.
The 12 containerships will go to Orient Overseas Container Line (OOCL) and COSCO Shipping Lines, 7 and 5 ships respectively, with each vessel costing $239.85 million.
On 28 October, OOCL and COSCO SHIPPING’s subsidiaries and Nantong COSCO SHIPPING Chuan Saki and Dalian COSCO Shipping Kawasaki signed the shipbuilding agreement for the vessels.
Dalian COSCO KHI Ship Engineering (DACKS), a joint venture of COSCO and Kawasaki Heavy Industries, will receive $1.2 billion to deliver five vessels to COSCO Shipping Lines between 2027 and 2028.
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OOCL will receive seven ships from Nantong COSCO KHI Ship Engineering (NACKS), another subsidiary of COSCO and Kawasaki, to the cost of $1.68 billion.
