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Chinese tonnage providers expand fleet with newbuildings

Container News
Chinese tonnage providers expand fleet with newbuildings
A Chinese ship owner, Juhe Wisdom Technology (Zhejiang), is renewing its fleet.On 11 April, Juhe ordered six 4,350 TEU...

A Chinese ship owner, Juhe Wisdom Technology (Zhejiang), is renewing its fleet.

On 11 April, Juhe ordered six 4,350 TEU ships at mid-tier yard Taizhou Jianxing Heavy Industry.

The price was not disclosed, but currently, similar-sized newbuildings are priced around US$60 million each. A lesser known shipbuilder could possibly offer prices around 20% lower.

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The post Chinese tonnage providers expand fleet with newbuildings appeared first on Container News.

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