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China Containers Shipbuilding

Zhonggu Logistics firms up 10 boxship orders at Yangzijiang

A formal shipbuilding contract has been signed between the two parties, a source with direct knowledge of the deal told Lloyd’s List. The remainder of the eight vessels in the ordering plan will be awarded to a separate state-owned yard

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While margins for the yard are relatively thin, the contract is denominated in Chinese yuan, which helps remove the exchange rate risks

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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