More than 220 China-built ships at risk from US trade reprisal
About 1.29m teu of ocean capacity – equivalent to 17% of the containerships calling at ...
Orient Overseas International Ltd (OOIL), parent of Orient Overseas Container Lines (OOCL), said today it had ordered ten 16,000 teu ships.
The Cosco unit said in a Hong Kong Stock Exchange filing the newbuilding order, for $1.58bn in total, would be equally split between affiliated shipbuilders Dalian Cosco KHI Ship Engineering (DACKS) and Nantong Cosco KHI Ship Engineering (NACKS).
Both are joint-ventures between the Cosco group and Japanese shipbuilder Kawasaki Heavy Industries.
The newbuildings are expected to be delivered between Q4 24 and ...
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