Cosco orders eight more boxship behemoths

Nacks to benefit from bulk-box deal worth $2bn

Janet Porter - Monday 12 May 2008

THE containership newbuilding market has burst back into life with a massive $1.3bn order from Cosco Container Lines for eight 13,350 teu vessels.

The Chinese line, which already has eight 13,100 teu vessels in the pipeline through a long-term charter agreement with Seaspan, confirmed the new order late Friday after setting out its ambitious expa...

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