Newly established CA Shipping is wasting no time in building up its fleet with a series of feeder container ship newbuildings.
The Hong Kong-based outfit has ordered up to eight feeder vessels worth $240m at state-owned Huangpu Wenchong Shipbuilding. The deal was for four firm 1,600-teu ships, with options for four more vessels.
It is the second newbuilding contract that CA Shipping — a joint venture between CSSC Shipping Leasing’s Fortune Container Carriers and Asean Seas Line (ASL) — has inked since its inception in May.
