COSCO Goes Big with $7B Order for 87 Ships in Vessel Renewal Project

Cosco Shipping Places Record $7 Billion Order for Greener Ships

COSCO Shipping Places Record $7 Billion Order for Greener Ships - State-owned giant signs deal with China State Shipbuilding to build 87 vessels as it pushes for modern fleet upgrade

COSCO Goes Big with $7B Order for 87 Ships in Vessel Renewal Project

In an industry familiar with large orders, China’s COSCO Shipping has nonetheless drawn attention with reports that it signed an order that will see t...

CSSC Scores Mega Order from COSCO as China Doubles Down on Shipbuilding Dominance

China State Shipbuilding Corporation (CSSC) has signed the largest domestic shipbuilding contract in Chinese history, securing an order for 87 vessels worth approximately RMB 50 billion (USD 7.1 billion) from...

COSCO Shipping places record-breaking RMB50 billion newbuild order

Monster order totals 87 vessels across eight ship types, all to be built at CSSC.

CSSC Wins $7.1B Iconic Deal for 87 Vessels with Cosco Shipping

The country’s largest shipbuilding conglomerate has secured a record order for 87 ships valued at approximately CNY50 billion (USD7.1 billion) from a prominent Chinese shipping company. This shipping giant operates both its namesake line and a major overseas container service. The deal marks the largest domestic contract ever signed by a Chinese shipbuilder, according to a statement from the company’s listed arm. The vessels will be constructed …

COSCO supercharges expansion with $7bn order for 87 ships

China’s state-run shipping COSCO, the world’s largest shipowner, has placed a massive order for 87 newbuildings with yards under China State Shipbuilding Corp (CSSC), sealing the largest single domestic shipbuilding contract ever awarded in the country. The deal, worth more than RMB50bn (about $7.07bn), includes containerships, tankers, bulk carriers and multipurpose vessels, and will be …