ONE opts for South Korean newbuilds to avoid hefty US port fees
Faced with hefty US port fees for Chinese-built box ships, ONE is in discussions with ...
Cosco ship building subsidiary Shanghai Ship and Shipping Research Institute (SSSRI) has received design approval for a record-breaking 25,000 teu container vessel. According to Splash 24/7, it will not only rank as one of the largest ships ever designed but would also meet the requirements of China’s Manufacturing 2025 strategy. Even so, SSSRI told the publication that no orders had been received and market research was still being undertaken to assess the vessel’s viability. And, citing a poll, Splash 24/7 suggested ...
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