COSCO Shipping (SHA:601919) subsidiary COSCO Assets has placed orders for 18 container vessels totaling 20.3 billion yuan, according to a weekend filing with the Shanghai bourse.
The order comprises 12 22,000 twenty-foot equivalent unit liquefied natural gas dual-fuel vessels from Waigaoqiao Shipbuilding at 1.52 billion yuan each, and six 3,200 TEU wide-body vessels from Huangpu Wenchong at 339.8 million yuan each.
Deliveries are scheduled between 2028 and 2030.
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