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Cosco orders twelve 14,000 TEU methanol vessels

November 23, 2024
Reading Time: < 1 minute
Cosco profits surge, but headwinds from the US may slow pace of growth

Beijing - Cosco Shipping Holdings has received shareholder approval to order a series of twelve methanol-fuelled container ships of 14,000 TEU capacity.

The delivery of the vessels is expected to commence in mid-2027 and be completed by early 2029, while the cost of every boxship is estimated at US$179.5 million.

The vessels will be built by the Chinese shipyard Cosco Shipping Heavy Industry (Yangzhu).

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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