Hong Kong-listed ship leasing firm CSSC Shipping has ordered four 1,100 feeder containerships to be built by its parent company, China State Shipbuilding Corporation's Wuchang Shipbuilding.
The transaction, worth a little over US91m, is being conducted through the leasing company's subsidiary CA Shipping, a joint venture between CSSC Shipping's Fortune Vcontainer Carriers and ASL Navigation.
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