COSCO SHIPPING Development has signed an investment, construction and leasing agreement for 42 bulk carriers on 30th August. This milestone marks the largest shipbuilding and leasing transaction since the company transformed into a shipping industry and finance operator in 2016.
According to the transaction, the company will entrust a subsidiary of COSCO SHIPPING Heavy Industry to invest in the construction of 20 bulk carriers and CSSC Chengxi to invest in the construction of 22 bulk carriers, including five 64,000-ton ships, two 82,000-ton ships and 35 80,000-ton ships, with a total ship order value of more than RMB 14.3 billion. These
According to the transaction, the company will entrust a subsidiary of COSCO SHIPPING Heavy Industry to invest in the construction of 20 bulk carriers and CSSC Chengxi to invest in the construction of 22 bulk carriers, including five 64,000-ton ships, two 82,000-ton ships and 35 80,000-ton ships, with a total ship order value of more than RMB 14.3 billion. These
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