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: 日本免费不卡在线一区二区三区 | 一级毛片在线播放免费 | 国产精品自在自线 | 亚洲精品第一区二区在线 | 久久国产一区二区三区 | 台湾三级 | 国产一区高清 | 国产福利久久 | 久久精品男人的天堂 | 一级特黄牲大片免费视频 | 久久久亚洲欧洲日产国码二区 | 亚洲国产精品久久久久666 | 国产成人做受免费视频 | 久久国产免费观看精品1 | 伊人爱爱网 | 一级女性全黄生活片免费 | xxxwww欧美| 欧美一级永久免费毛片在线 | 九一精品| av av片在线看 | 狠狠综合久久久久综合小说网 | 伊人热久久 | 亚洲加勒比久久88色综合一区 | 久久精品国产99久久6动漫欧 | 亚洲国产欧美精品一区二区三区 | 女人张腿让男桶免费视频网站 | 99re6热视频精品免费观看 | 一级做α爱过程免费视频 | 国产成人久久777777 | 精品在线视频观看 | 日韩成人毛片高清视频免费看 | 女人18毛片a级毛片 女人aaaaa片一级一毛片 | 国产综合久久一区二区三区 | 久久99综合国产精品亚洲首页 | 国产一级特黄一级毛片 | 九九精品成人免费国产片 | 亚洲精品国产第一区第二区国 | 美女黄频网站 | 高颜值美女啪啪 | 国产精品18久久久久久久久久 | 国产精品免费视频一区二区三区 |