Shanghai-listed Zhonggu Logistics has kicked off an order spree for up to 18 panamax containership newbuildings by inking a deal for 10 vessels at Singapore-listed Yangzijiang Shipbuilding worth $350m, industry sources tell TradeWinds.
Sources said China's biggest domestic liner outfit is expected to place an order for a further eight 4,600-teu ships soon, putting the total potential value of the deals at $630m.
