CSSC Shipping Orders Boxship Quartet Worth $92m

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CSSC Shipping, the leasing arm of state-owned China State Shipbuilding Corporation, said its subsidiary has agreed with Wuchang Shipbuilding to build four 1,100 teu feeder containerships, reports Splash247.

Feeder boxship order

The Hong Kong-listed firm said in a regulatory filing that CA Shipping, a 60/40 joint venture between CSSC Shipping’s Fortune Vcontainer Carriers and ASL Navigation will pay a total just shy of $92m for the quartet.

The vessels are expected for delivery between January 31, 2024 and August 31, 2024.

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Source: Splash247