COSCO Seals $2.7 Billion Order for 18 New Containerships

ships at CSSC’s Jiangnan Shipyard and six 3,000 TEU conventionally powered vessels at COSCO Zhoushan Shipyard. The LNG-capable ships, priced at around $200.75 million each, mark COSCO’s first foray into LNG as an alternative marine fuel. Deliveries for these vessels are scheduled between 2028 and 2029. With this move, COSCO strengthens its position as the world’s fourth-largest container line, further diversifying its fleet and fuel options.