News / Cosco leads newbuild orders as its spending spree continues

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Ocean carrier Cosco is said to be stretching its fleet expansion beyond self-owned newbuilding orders.

The Chinese operator is apparently backing Costamare Shipping’s order for a dozen 9,200 teu ships, at China State Shipbuilding, with a long-term charter.

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    China COSCO Shipping Corporation China State Shipbuilding Corporation (CSSC) Newbuilds Qianyuan Shipping Yangzhou Guoyu Shipbuilding