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CSSC bags $1.5bn containership newbuilding orders

Photo: CSSC cosco shipping boxship.jpg
China State Shipbuilding Corporation (CSSC) has announced its largest containership contract for the construction of thirteen 16,000 teu boxships at a total cost of over CNY10bn($1.5bn).

The vessels are designed by CSSC Marine Design & Research Institute, will be in 366metres length and 51metres width, and be equipped with a scrubber-fitted WinGD main engine. Reports have linked the orders to container line MSC, although CSSC did not disclose the name of the party described as a “world leading containership owner”.

Dalian Shipbuilding Industry and Guangzhou Shipyard International, two shipbuilding units under CSSC, will build seven and six containerships respectively, with expected deliveries during 2023 and 2024.

“Signing of the new order would strengthen the cooperation relationship between CSSC and the world leading container shipowner, which could also improve the group’s position in large size container shipbuilding market,” said CSSC.

Guangzhou Shipyard International’s first order to build large size containerships.

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