OOCL linked to more supersized newbuilds
Current bullish container shipping market appears to have whet the appetite for carriers’ orders, with the Hong Kong-based OOCL considering ordering more 23,000 teu ships
Cosco Shipping is said to be orchestrating a string of 23,000 teu ships for its Hong Kong-based unit on the Asia-Europe trade. Analysts expect more orders to come from rival carriers as concerns arise over another ordering binge in the sector