HONG KONG's Orient Overseas International Limited (OOIL), now as Cosco unit, has placed orders at Dalian Cosco KHI Ship Engineering and Nantong Cosco KHI Ship Engineering for seven 23,000-TEU ships.
OOIL entered into the shipbuilding contracts with Dalian Cosco KHI Ship Engineering for the construction of four vessels at a cost of US$157.71 million each and Nantong Cosco KHI Ship Engineering for three vessels at a cost of $157.68 million a piece.
The vessels are expected to be delivered between the third quarter of 2023 and the third quarter of 2024.
The order is a part of the group's long-term strategic development and growth plan to build and deploy mega ships that bring optimal fleet structure and capacity, which could also strengthened the group's position at the top echelon in the industry, said OOIL.
In March this year, OOCL ordered two 23,000-TEU container vessels at Dalian KHI Ship Engineering and three at Nantong KHI Ship Engineering.
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