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CSCL plans to buy 18,000 teu boxships

CSCL plans to buy 18,000 teu boxships
Hong Kong: China Shipping Container Lines (CSCL) has revealed intentions to order five 18,000 teu containerships from an unnamed shipyard.

CSCL announced to the stock exchange that it will disclose more details upon signing a firm contract with the shipbuilder.

The plan to order the mega-sized containerships is part of CSCL's strategy to expand its fleet and raise its market competitiveness.

The 18,000 teu boxships, similar in capacity to Maersk Line's Triple E ships, will be CSCL's largest carriers to date.