{"id":14212,"date":"2025-07-31T19:02:15","date_gmt":"2025-07-31T19:02:15","guid":{"rendered":"https:\/\/krogragg.com\/?p=14212"},"modified":"2025-07-31T19:02:15","modified_gmt":"2025-07-31T19:02:15","slug":"chinas-cosco-shipping-development-to-build-14-new-vessels","status":"publish","type":"post","link":"https:\/\/krogragg.com\/?p=14212","title":{"rendered":"China\u2019s COSCO Shipping Development To Build 14 New Vessels"},"content":{"rendered":"

China\u2019s COSCO Shipping Development To Build 14 New Vessels
\n \t

\n
<\/BR>
\n
\n \t

\n
<\/BR><\/p>\n

\n
\"\"<\/div>\n
\"\"<\/a>
Image for representation purposes only.<\/figcaption><\/figure>\n

China\u2019s COSCO Shipping Development is investing in building and leasing 14 new ships, including 4 asphalt carriers and 10 bulk carriers.<\/p>\n

It will also launch the sale and leaseback of one LNG Carrier.<\/p>\n

The company is going to invest more than RMB 5.2 billion ($724.5 million) in ten 210,000 DWT Newcastlemax bulk carriers, which will be built for the future use of ammonia and methanol fuels.<\/p>\n

Four ships will be constructed by Qingdao Beihai Shipbuilding and 6 by Zhoushan COSCO Shipping Heavy Industry.<\/p>\n

After the vessels are delivered, they will be leased to COSCO Shipping Bulk or its subsidiaries.<\/p>\n

As part of another project, the company will invest over RMB 800 million in four 9,000-ton asphalt carriers.<\/p>\n

Two of them will be constructed by Fujian Mawei Shipbuilding, and 2 ice-reinforced vessels will be built by Huangpu Wenchong Shipbuilding.<\/p>\n

They will be leased to subsidiaries of COSCO Shipping Specialised Transport.<\/p>\n

The company is also involved in sale and leaseback for a 271,000 m3 LNG Carrier, with a purchase price not exceeding USD 360,7 million.<\/p>\n<\/div>\n

\t

\n
<\/BR>
\n MI News Network
\n \t

\n
<\/BR>
\nGo to marine insight<\/a>
\n \t

\n
<\/BR><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s COSCO Shipping Development To Build 14 New Vessels Image for representation purposes only. China\u2019s COSCO Shipping Development is investing in building and leasing 14 new ships, including 4 asphalt carriers and 10 bulk carriers. It will also launch the sale and leaseback of one LNG Carrier. The company is going to invest more than […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194,196],"tags":[197],"class_list":["post-14212","post","type-post","status-publish","format-standard","hentry","category-marine-insight","category-shipping-news","tag-marine-insight"],"_links":{"self":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/posts\/14212"}],"collection":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14212"}],"version-history":[{"count":0,"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/posts\/14212\/revisions"}],"wp:attachment":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}