Cosco Shipping Lines is exploring a newbuilding order in Japan for the first time in two decades as it looks to contract a series of capesize bulkers.
Cosco Lines has approached several Japanese shipyards and is enquiring about slot availability for 180,000-dwt newbuildings, according to the Japan Maritime Daily (JMD).
Cosco Lines’ newbuilding enquiries have come as a surprise for the Japanese shipbuilding industry which has grown accustomed to the Chinese giant ordering domestically.
