China’s Jiangsu Ocean Shipping (JOSCO), the shipping arm of Jiangsu Port Group, has expanded its newbuilding programme by firming up options for two 1,930 teu container ships at Guangzhou Wenchong Shipyard.
The two newbuildings follow four ships of the same size ordered in May, bringing the tally at the CSSC-affiliated yard to six units. According to Alphaliner, the latest pair is priced in line with the earlier quartet at about $32m per vessel.
Deliveries are expected in late 2027 and early 2028, directly after the first four ships join the fleet.
JOSCO now holds an orderbook of ten ships. Alongside the six Bangkokmax units at the yard in Guangzhou, the company has four 3,006 teu Chittagongmax vessels on order at Jiangsu Soho Chuangke Shipbuilding.
While JOSCO may place some of the new tonnage on the charter market, most of the ships are intended to support Taicang Container Line, the group’s liner subsidiary, which currently runs 13 vessels, Alphaliner noted.