CSCL places orders for eight boxships with Shanghai Jiangnan Changxing Shipbuilding
China Shipping Container Lines (CSCL) has ordered eight 13,500 teu containerships from Shanghai Jiangnan Changxing Shipbuilding Co. The contract price is valued at $934.4 million (or $116.8m per unit), CNSS reported.
The first newbuilding delivery is scheduled for 30 April 2018, with the last vessel due to be handed over by 31 December 2018.
CSCL said the newbuilding investments will be funded from internal resources of CSCL HK, its wholly-owned subsidiary, and bank financing.