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CSBC lands order for two boxships

Taiwan's state-owned shipbuilder CSBC Corp has landed a deal to construct a pair of 1,800 teu container vessel for two different shipowners.

Lee Hong Liang, Asia Correspondent

January 17, 2014

1 Min Read

Kalyakan - stock.adobe.com

Hydra Shipping and Syra Shipping have ordered one boxship each at a price of $25m apiece, CSBC said in a regulatory filing to the stock exchange.

The newbuildings are scheduled to be delivered in the second and third quarters of 2015 respectively.

The Taipei-listed shipyard has recently reported a drop in consolidated sales in 2013 due largely to the downturn of the global shipbuilding industry.

CSBC posted NT$24.89bn ($831.05m) in consolidated sales in 2013, down 19.6% year-on-year.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

See more from Lee Hong Liang

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