about 20 years ago
CHINA Cosco Holdings Co, owner of China’s second-largest container shipping line, placed a US$516.8 million order for eight new cargo ships, as rising trade boosts demand for sea freight. The vessels, which will each have a capacity of 5,100 standard 20-foot containers, will be delivered between 200
CHINA Cosco Holdings Co, owner of China’s second-largest container shipping line, placed a US$516.8 million order for eight new cargo ships, as rising trade boosts demand for sea freight.
The vessels, which will each have a capacity of 5,100 standard 20-foot containers, will be delivered between 2009 and 2010, Beijing-based China Cosco said in a statement yesterday. The company will buy the ships from China State Shipbuilding Corp and its unit Jiangnan Shipyard (Group) Co.
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