On February 27, 2026, LC Logistics (02490.HK) announced it has signed contracts with Shanghai Waigaoqiao Shipbuilding (SWS) and CSSC Trading for the construction of two 11,000 TEU container vessels. The total value of the deal is approximately US$236 million, with each ship costing around US$118 million. The vessels are scheduled for delivery between 2028 and 2029. This order comes after LC Logistics has recently capitalized on a strategy of selling newbuild contracts at a premium, transferring several large container ship contracts to MSC-controlled entities over the past two years, and now re-entering the orderbook to support its long-term fleet strategy. Industry observers note that LC Logistics' approach demonstrates a competitive edge by treating ships as both operational assets and monetisable investments, leveraging market timing to optimize its fleet portfolio.