October24 , 2026

    COSCO expands heavylift fleet with new Chengxi Shipyard order

    Related

    Rail Container Movement Picks Up at Vallarpadam ICTT After Years of Underutilisation

    Container movement by rail to the Vallarpadam International Container...

    Indian Railways Launches Specialised Salt Container Train in Kutch, Targets 11% Logistics Savings

    Indian Railways has introduced the country’s first specialised salt...

    India–US East Coast Spot Freight Rates Fall as Carriers Compete for Cargo

    India–US East Coast spot freight rates have dropped sharply,...

    Southern Railway Approves Container Handling at Trichy Goods Shed

    Southern Railway has approved lift-on, lift-off (Lo-Lo) container handling...

    Share

    Cosco Shipping Specialised Carriers has moved to grow its heavylift fleet, placing an order for four multipurpose vessels at CSSC’s Chengxi Shipyard as demand from the wind power sector continues to build.

    In a stock exchange filing, the Shanghai-listed owner said it will invest about $213m in the four 40,000 dwt MPP newbuildings, each to be fitted with heavylift cranes.

    The first vessel is scheduled for delivery in June 2028, with the remaining three ships set to follow through to the end of February 2029.

    Cosco Shipping Specialised Carriers said the order reflects a strong outlook for wind power logistics, with growing demand for the transport of larger and heavier turbine components as projects move further offshore.

    The company has been an active player in wind-related cargoes, and the latest order is aimed at improving the flexibility and lifting capacity of its multipurpose fleet to handle next-generation equipment.