CSSC Secures $2.688 Billion Order for 12 LNG Dual-Fuel Boxships

a wholly-owned subsidiary of COSCO Shipping Holdings Co., Ltd., which forms a core part of China COSCO Shipping Group's business, combining container shipping and terminal operations. COSCO Shipping Holdings maintains a fleet ranked among the top tier globally and holds terminal investments across China's coastal port clusters, the Yangtze River region, and major overseas hubs in Europe, the Mediterranean, the Middle East, Southeast Asia, South America, and Africa. CSSC described the order as a significant achievement in its continued focus on the ultra-large container ship segment, reinforcing its position in the global high-end shipbuilding market. The company said the contract supports efforts to optimize its product mix, expand the share of high-value-added vessel types, and strengthen overall competitiveness and profitability. According to incomplete statistics, Waigaoqiao Shipbuilding has publicly announced more than 40 new ship orders in 2026, including this latest deal, spanning container ships, bulk carriers, cruise ships, oil tankers, and FPSO hulls.