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Cosco piles up orderbook with 10 more newbuilds in $1.6bn deal

Latest orders have pushed Chinese giant’s combined orderbook to 33 ships of 585,272 teu — the third largest in capacity terms among all container line shipping carriers

Nantong Cosco KHI Ship Engineering Co and Dalian Cosco KHI Ship Engineering Co will each construct five 16,000 teu ships priced at $157.6m apiece, with delivery scheduled for the fourth quarter of 2024-2025

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