Hong Kong’s liner giant Orient Overseas Container Line (OOCL) has signed up for 10 neo-panamax containership newbuildings worth close to $1.58bn at two shipyards in China.
Dalian Cosco KHI Ship Engineering Co (Dacks) and Nantong Cosco KHI Ship Engineering Co (Nacks) will each construct five vessels costing $157.58m apiece.
The order means the liner operator now has 22 large containerships on its orderbook at shipyards in China.