Shanghai Waigaoqiao Shipbuilding has received an order for six 21,000 TEU container ships

2015-11-03 09:00

October 30, Shanghai Shanghai Waigaoqiao Shipbuilding Co., Ltd. signed a contract with China Shipping (Hong Kong) Holding Company Limited for the construction of 6 21000TEU container ships This is another strong alliance between CSSC and COSCO. Leaders including COSCO Group Chairman Xu Lirong, Managing Director Zhang Guofa, CSSC Group Chairman Dong Qiang, and Managing Director Wu Qiang attended the signing ceremony. Wu Changzheng, President of COSCO Hong Kong Holding, Wang Qi, General Manager of Waigaoqiao Shipbuilding, and Li Hongtao, General Manager of CSSC Trading Company, respectively represented the three parties in signing the construction contract.

It is understood that this batch of the world's largest and latest ultra-large container ships are custom-built by CSSC for COSCO Group, developed and designed by the 708th Research Institute under CSSC Group. They fully consider COSCO SHIPPING's personalized requirements, and have undergone specialized technical upgrades and design optimization for the main dimensions and number of reefer containers of this type of ship. This ship type is currently the world's largest in terms of main dimensions and container capacity. The total length is approximately 400 meters, the molded breadth is 58.6 meters, the molded depth is 33.5 meters, the design draft is 14.5 meters, the structural draft is 16 meters, the speed is 22 knots, the container capacity is 20988 TEU, including 1000 FEU of reefer containers, and it is classed by both Lloyd's Register (LR) and China Classification Society (CCS). After completion, it will join the fleet of COSCO Container Lines Co., Ltd. (COSCO SHIPPING) for operation.

In 2015, major liner companies worldwide ordered large container ships through various means to expand their market share. COSCO SHIPPING, a subsidiary of COSCO Group, operates a modern, large-scale, young, and low-carbon fleet. As of the end of December 2014, COSCO SHIPPING's fleet comprised 156 vessels, with a total carrying capacity of 724,000 TEU. The new order will significantly enhance COSCO SHIPPING's transportation capacity and international influence, and will be more conducive to deepening and expanding the long-term partnership between CSSC and COSCO, two major state-owned holding companies.

In recent years, Shanghai Waigaoqiao Shipbuilding Co., Ltd. has adhered to the principle of stabilizing its main business and healthy operation during its innovative development. On the basis of consolidating its leading position in SWS-bulk carriers and SWS-tankers, it closely monitors market dynamics and customer's personalized needs, attaches great importance to the development of new products and entry into new markets, and has launched the SWS-ultra-large container ship brand through continuous adjustments to its product layout and business strategies. Since the acquisition of Shanghai Jiangnan Changxing Heavy Industry Co., Ltd. in 2013, through the combination of industry and finance, it has signed a contract with CSSC Leasing for the construction of 3 18000TEU ultra-large container ships, which were delivered to CMA CGM for operation in the second half of this year. This broke the long-term monopoly of Japanese and Korean shipbuilders in the construction of ultra-large container ships. Not long ago, on September 9, Waigaoqiao Shipbuilding signed a contract with China Ocean Shipping (Hong Kong) Company for the construction of 3 20000TEU container ships. Together with the 6 21000TEU container ships signed this time, the number of orders has broken records again, once again demonstrating Waigaoqiao Shipbuilding's strong brand strength in the international shipping market, reflecting the complete success of Waigaoqiao Shipbuilding's transformation and upgrading strategy, and laying a solid foundation for the glorious chapter of the upcoming 13th Five-Year Plan!

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