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ZhongGu orders 10 panamax containerships at Yangzijiang

The construction plan of 18 4600TEU container ships worth 4.5 billion yuan has been finalized, and the first order of 10 new ships will be given to Yangzijiang Shipbuilding, while the "old customer" Jinling Shipyard was unexpectedly rejected.
 
ZhongGu Logistics has formally ordered 10 4600TEU container ships from Yangzijiang Shipbuilding, and the new ships are scheduled to be delivered from the end of 2022 to 2023.
 
Each of the new ships is expected to cost about $35 million, with a total price tag of $350 million for 10 ships.
 
ZhongGu said it would sign contracts to build up to 12 4600TEU container ships with leading domestic shipyards, with an option reserved for orders of up to six of the same type.
 
The total price of all the above-mentioned container ships including tax shall not exceed RMB 4.5 billion yuan, and the funds needed for the project shall be solved by self-raised funds.
 
The new ships will be completed and delivered over a period of two to four years following the signing of the shipbuilding contract.
 
The project attracted bids from as many as 19 shipyards, but only five were selected for the second round of evaluation, including CSSC Chengxi, Jinling Shipyard, Nantong Xiangyu, Zhoushan Changhong International and Yangzijiang Shipbuilding.
 
At present, CSSC Chengxi and Jinling Shipyard are still in talks with ZhongGu Logistics, but ZhongGu could again choose Yangzijiang Shipbuilding for the remaining eight vessels.
 
Source: Sarah Yu, XINDE MARINE NEWS

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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