www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Container fleet to get $1.78 billion upgrade

By Zhong Nan | China Daily | Updated: 2017-06-22 08:45

Container fleet to get $1.78 billion upgrade

The container ship COSCO Netherlands docks in Singapore port, the largest port in Southeast Asia.[Photo/Xinhua]

China COSCO Shipping Corp is extending its container fleet as the company expands its sea routes.

The group, through its subsidiary China COSCO Shipping Holding Co Ltd, plans to buy six mega container ships from Shanghai Waigaoqiao Shipbuilding Co Ltd.

Another eight container vessels will be purchased from Shanghai Jiangnan Shipyard (Group) Co Ltd.

The two deals will be worth about $1.78 billion.

Deliver dates for the 14 container ships have been penciled in for the next two years, and they will raise the group's operational TEU, or twenty-foot equivalent units, capacity to more than 2 million by the end of 2018.

"Traditionally, Chinese shipping companies mainly transported containers on shipping lines between Asia and Africa, and China and Southeast Asia," said Wan Min, general manager of China COSCO Shipping Corp.

"But we are now focusing on major shipping lines between Asia and Europe, and Asia and North and South America."

Denmark's Maersk Line, Switzerland's Mediterranean Shipping Co SA and French group CMA CGM SA are the world's top three container operators, with up to a 40 percent market share worldwide.

"Chinese companies hold a relatively small share in comparison," Wan said.

By the end of February, COSCO Shipping Lines Co, another subsidiary of the sprawling State-owned China COSCO Shipping Corp, operated 311 container ships.

They have a total TEU capacity of 1.64 million, making the company the fourth largest player in world by size of its container fleet.

In addition, the group has placed orders for 33 container vessels, with a TEU carrying capacity of more than half a million.

"Free trade arrangements, including the Regional Comprehensive Economic Partnership, the China-Association of Southeast Asian Nations Free Trade Agreement and China-Australia FTA, will also offer new growth opportunities for China COSCO Shipping's container cargo services in the Asia-Pacific region," Wan said.

Analysts stressed that new orders for container ships will boost the company's presence, but it could have a negative effect on the industry.

"The race for larger container vessels will delay the recovery of the industry as the global shipping sector has experienced rocky times in recent years," said Cheng Zhiwei, an analyst with Changjiang Securities Co.

But Wang Mingzhi, deputy director-general of the Waterborne Transport Bureau at the Ministry of Transport, felt the decision by China COSCO Shipping Corp to upgrade its fleet was a positive move.

"Better-equipped ships will help the company compete against international rivals," Wang said.

"It will also encourage them to work on new products, such as liquefied natural gas and liquefied petroleum gas carriers," Wang added.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 国产精品亚洲四区在线观看 | 午夜在线影院 | 日韩在线视频中文字幕 | 亚洲人成高清毛片 | 亚洲免费精品视频 | 欧美一区二区三区免费看 | 亚洲色吧| 九九色综合 | 亚洲综合欧美综合 | 91成人国产网站在线观看 | 性欧美一级毛片欧美片 | 性xxx69xxx视频在线观看 | 在线视频精品一区 | 久久这里一区二区精品 | 中文字幕 日韩在线 | 在线看a级片 | 色婷婷久久综合中文久久蜜桃 | 久久久久久国产精品三级 | 狠狠色狠狠色综合 | 久久综合狠狠综合久久综合88 | 2021国产精品一区二区在线 | 精品网址| 国产精品性视频免费播放 | 国产成人久久777777 | 久久久久女人精品毛片 | 在线观看欧美一区 | 成人欧美视频在线观看播放 | 中文一区在线观看 | 操爽视频 | 精品伊人久久久久7777人 | 一级一毛片a级毛片欧美 | 中文三级视频 | 成人18免费网 | 国产大片线上免费观看 | 91国在线观看 | 亚洲免费在线视频播放 | 日本欧美一区二区三区视频 | 成人在线不卡 | 欧美精品另类hdvideo | 97精品福利视频在线 | 99精品视频在线观看re |