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Guangzhou Wenchong wins twin boxship order from Lomar Shipping

Guangzhou Wenchong wins twin boxship order from Lomar Shipping
China’s Guangzhou Wenchong Shipyard has secured an order for two 2,700 teu container vessels from London-based Lomar Shipping, with an option for an additional two vessels.

Financial details of the deal and delivery dates of the newbuildings were not disclosed.

Lomar Shipping, subsidiary of Libra Group, had earlier ordered six 2,200 teu container vessels at Guangzhou Wenchong, subsidiary of China State Shipbuilding Corporation (CSSC).

The Chinese yard said the newbuildings will be designed by CSSC’s 708 Research Institute.

“Under current adverse market conditions, the company has still been able to win orders and at the same time continue to enhance our product offering in container vessels. We also expect to raise our global competitiveness,” Guangzhou Wenchong announced on its website.