News / Zhonggu to target containerised dry bulk to fill fleet of new box ships

Credit Wilhelm Loos.

Zhonggu Logistics, China’s largest coastal liner operator, wants to attract more containerised dry bulk cargo to boost revenue, as it begins taking delivery of 18  4,600 teu ships ordered last year.

The company believes this is “a more feasible” way of boosting revenue as the container freight market continues to weaken.

Ranked 18th among liner operators, with a capacity of over 120,000 teu, Zhonggu said the newbuild deliveries began last month, with one ship arriving every other month.

They will nearly double Zhonggu’s ...