OOCL signs $3bn boxship order

Hong Kong’s Orient Overseas Container Line (OOCL) is strengthening its fleet with 14 boxship newbuildings in China worth more than $3bn. The COSCO-controlled liner operator has contracted Dalian COSCO KHI Ship Engineering (DACKS) and Nantong COSCO KHI Ship Engineering (NACKS) to build 18,500 teu methanol dual-fuel series at $220m each. DACKS will take on nine …