News / Cosco and OOCL commit $2.8bn in orders for methanol-fuelled box ships

Cosco Shipping Lines and OOIL have confirmed their orders for 24,000 teu methanol-fuelled ultra-large containerships (ULCSs).

In a filing to the Shanghai Stock Exchange on Friday, holding company Cosco Shipping Holdings (CSH), said that through its subsidiary, Cosco (Cayman) Mercury, it had commissioned five 24,000 teu ships at affiliate shipyard Dalian Cosco-KHI Ship Engineering (DACKS) for delivery between February 2027 and June 2028.

And Cosco subsidiary OOIL, carrier OOCL’s parent, has ordered seven 24,000 teu ships at another affiliate shipyard, Nantong Cosco-KHI ...