Cosco’s Guangdong-based Shipyard Unit secured the deal for an undisclosed sum after agreeing with the buyer to keep the contract prices confidential.
The 172mtr LOA by 28.4 mtr wide vessels are scheduled for delivery in the second and third quarters of 2019.
The transactions are not expected to have a material impact on the net tangible assets and earnings per share of Cosco Corp for the year ending Dec 31, 2016.
