China’s Jiangsu Ocean Shipping (JOSCO) has bolstered its containership orderbook with up to 10 newbuilds contracted at two compatriot shipyards.
The shipping arm of Jiangsu Port Group has confirmed orders at Jiangsu Soho Chuangke Shipbuilding for up to four 3,000 teu vessels and revealed a fresh deal for up to six more 1,900 teu newbuilds at Huangpu Wenchong Shipbuilding.
Splash reported earlier this month the company had contracted the former Sainty Shipbuilding yard in Yangzhou to build the 3,000 teu series, which will become the largest units by capacity in JOSCO’s owned fleet.
The ships cost about $44m each and are scheduled for delivery in 2027.
Meanwhile, the deal at the CSSC-affiliated yard in Guangzhou covers four firm newbuilds, with options secured for two additional vessels.
No prices or delivery dates were disclosed for the Huangpu Wenchong series. Earlier this year, the yard firmed up orders for two additional 1,900 teu newbuilds from German owner Elbdeich Reederei at roughly $32m apiece, with delivery scheduled for 2027. Turkish liner Arkas also recently contracted up to six 3,100 teu vessels at Huangpu Wenchong for a reported $50m each and delivery in 2028.
Established in 1980, JOSCO says it controls over 110 ships, including more than 30 owned bulkers and containerships. The latest orders will, including options, add more than 20,000 teu to its capacity.
