Shanghai Pan-Asia Shipping electric vessel artist impression

Shanghai Pan-Asia Shipping, the intra-Asia unit of Cosco Shipping Lines, has signed time-charter agreements with leasing affiliate Cosco Shipping Development (CSD) for two electric 700 teu feeder vessels.

CSD ordered the vessels from affiliated shipbuilder Cosco Shipping Heavy Industry (Yangzhou) for $18.24m, according to the company’s ...

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