Cosco Orders of 20,000-TEU Ships may Go Up to 13

It was confirmed that China’s Cosco has sealed deals for nine plus four options on 20,000-TEU vessels on home soil.

The giant containership orders will take Cosco Container Lines above one million slots for the first time.

The ships are split between three Chinese yards. Shanghai Waigaoqiao Shipbuilding (SWS) will build four of them; Nantong Cosco KHI Ship Engineering (NACKS) will build three, with Dalian Shipbuilding Industry Co (DSIC) contracted for two firm orders as well.