Chinese shipbuilder lands major container vessel deal
China State Shipbuilding Corp received an order for 13 container vessels, valued at more than 10 billion yuan ($1.53 billion), from Geneva-based Mediterranean Shipping Co (MSC).
The deal demonstrates that China’s shipbuilding prowess has made breakthroughs via market development, product transformation and upgrades, experts said.
Each vessel has a capacity of 16,000 TEUs (twenty-foot equivalent units). The 13 vessels will be built jointly by Dalian Shipbuilding Industry Co and Guangzhou Shipyard International, Caixin, a business news outlet, reported.
The deal is believed to be the single largest container ship order placed with State-owned conglomerate CSSC, the State-owned Assets Supervision and Administration Commission of the State Council said on its website.