Carriers hope price hikes will hold as spot rates fall in CNY doldrums
Despite the muted trading activity since China’s new year holiday began this week, spot rates ...
Cosco Shipping Lines is thought to be planning another raft of newbuilding orders. But the large numbers mentioned in the media this week include already-announced orders.
The Loadstar’s enquiries at the state-controlled Chinese liner giant’s affiliated shipbuilder, Cosco Shipping Heavy Industry Yangzhou, showed that Cosco Shipping is considering commissioning at least six 23,000 teu ships and nine 15,000 teu vessels.
The 23,000 teu vessels are expected to be dual-fuelled with methanol, while the 15,000 teu ships will be powered by high sulphur ...
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