oocl-cosco

OOCL to buy five mega ships

OOCL has signed contracts with two Chinese for five new 23,000teu container vessels due to be delivered from 2023. OOCL currently has six G-Class mega-vessels of 21,000teu, ordered in March 2015. The original plan was for a second batch of five to six mega vessels but this was cancelled due to poor market conditions and the sale of OOCL’s parent company, OOIL group to Cosco Shipping Holdings. The new tonnage ... [+]