China’s top shipbuilder gets its largest contract as demand for huge container ships surges back
The China State Shipbuilding Corporation has won its biggest ever contract – worth over 10 billion yuan ($1.52 billion) – to make a fleet of skyscraper-sized cargo ships, as global trade recovery boosts demand for the vessels.
The shipbuilding giant is set to construct 13 new cargo vessels, which can carry 16,000 standard containers or twenty-foot equivalent units (TEU). The container ships will be about 366 meters long and 51 meters wide, meaning that if the vessels stood vertically, they would be bigger than the Eiffel Tower, as tall as the Bank of America Tower in New York, or reach almost as high as the Empire State Building.
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