Chinese carrier considers 11 new giant ships

China Shipping Container Lines considers signing a deal to charter 11 ultra large container vessels of 21,000 teu each, the state-owned carrier says in a stock market release.


China Shipping Container Lines (CSCL), which is reportedly in talks of a possible merger with another state-owned carrier, China Cosco, says in a release to the Shanghai Stock Exchange that it considers bareboat chartering up to 11 mega ships of 21,000 teu each.

To begin with, the deal would cover six of the ultra large vessels with an option to order five more.

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