OOCL is to charter the six 13,600 teu ships Seaspan ordered from Hudong-Zhonghua Shipbuilding last Friday, reports The Loadstar.
Hong Kong-based OOCL, through its holding company Orient Overseas International, said yesterday the charter would be for 15 years from delivery, expected between late 2026 and mid-2028.
Charter payments
Cumulative charter payments of CNY11.2bn ($1.57bn) will be made over the 15 years, equating to a daily hire of approximately $47,800 per vessel.
Seven 24,000 teu and ten 16,000 teu ships are under construction for OOCL at affiliated shipyards alian Cosco KHI Ship Engineering and Nantong Cosco KHI Ship Engineering for delivery from later this year to 2028. Meanwhile, its in-service fleet stands at 58 vessels, of 934,955 teu.
Seaspan commissioned the newbuildings in what is the first CNY-denominated ship building contract, as the Chinese government works to internationalise the currency as part of the Belt and Road initiative.
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Source: Loadstar
