Shipbuilding

Deal with Seaspan for 6 newbuildings due between the end of 2026 and the beginning of 2028

Two Chinese shipyards have been chosen for building them; ten of them will be 17,000 TEU capacity vessels

The Swiss-Italian liner is boosting its stronghold in the container market with a $2.5 billion mega order

Workers have given the go-ahead. The government & the state of Lower Saxony are to get an 80.73 % stake

Federal committee approves government's plan. The shipyard will be under Lower Saxony control

The liner has commissioned them from its Yangzhou subsidiary, Cosco Shipping Heavy Industry for $2.15bn

Costing a total of $98m, they will add to the carrier's highly diversified portfolio of vessels

Chinese state-owned giant takes over two shipbuilding companies for $690m. Capacity up by 2.4m tonnes

Chinese shipyards secured 24 million tonnes’ worth of orders in the first quarter this year