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CSSC inks 34 newbuilding orders, Seaspan ventures into car carriers

China’s largest shipbuilding group CSSC has signed a slew of huge contracts for up to 34 newbuildings, including 10 car carriers for Seaspan and Hyundai Glovis, at Marintec China.

Katherine Si, China Correspondent

December 7, 2023

1 Min Read
CSSC contract signing with Seaspan and Hyundai Glovis at Marintec China
CSSC contract signing with Seaspan and Hyundai Glovis at Marintec ChinaPhoto: CSSC

Seaspan Corporation, the world’s largest tonnage provider of containerships, is entering into car carrier market through ordering six firm and four optional 10,800 ceu pure car truck carriers (PCTCs). The vessels will be LNG dual-fuel LNG, as well as being ammonia and methanol ready.

The order for by PCTCs by Seaspan was placed in partnership with car carrier operator Hyundai Glovis at CSSC’s Shanghai Waigaoqiao Shipbuilding. It marks Seaspan’s first foray into the booming car carrier market. Seaspan owns and operates 138 containerships counting most of the world’s top container lines among its charterers.

Meanwhile HMM and Hyundai Glovis also entered into contract with CSSC’s Guangzhou Shipyard International for the construction of same type of six firm and four optional 10,800 ceu dual-fuel PCTCs. 

CSSC, Hyundai Glovis and HMM contract signing at Marintec China

Beihai Shipbuilding received a contract for four 325,000 dwt methanol dual-fuel very large ore carriers (VLOCs) from domestic owner Shandong Shipping Corporation, which is the first batch of methanol dual-fuel VLOC newbuilds project in collaboration with the Brazilian mining industry giant Vale. 

Huangpu Wenchong Shipbuilding announced its first orders with Benelux Overseas in a deal for two firm plus one optional 48,000 cu metre LPG carriers. These are the largest gas carriers order at the South China shipyard and a breakthrough for Huangpu Wenchong into the mid-size gas carrier sector.

Related:CSSC Shipping in sale and leaseback deals for three gas carriers

Jiangnan Shipyard also secured three 99,000 cu metre VLECs from Pacific Gas Carriers, while Chengxi Shipyard inked an order four 82,600 dwt bulk carriers with the Chinese finance service provider ICBC Leasing.

CSSC said the newly contracted shipbuilding orders demonstrate the significant innovation results of shipbuilding group and technical, emission, and economic indexes were all at a world-leading level. 

About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

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