Shanghai: COSCO Shipping has signed up for a total of eight heavy lift newbuilds in the past week.
On the evening of October 31st, COSCO Shipping signed a contract with Nantong COSCO KHI Ship Engineering Company Limited in Shanghai, to build four 28,000-dwt heavy lifters. ?On the morning of November 1st, COSCO Shipping signed with Shanghai Shipyard to build another four 28,000-dwt heavy lift ships. ? COSCO signed for ten 27,000-dwt MPPs back in March as part of plans to establish its heavylift fleet as the number one in the world. [05/11/10]
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