COSCO-owned ocean carrier Orient Overseas Container Lines (OOCL) entered into charter agreements with Seaspan for six brand new 13,000 TEU container ships for a maximum aggregate amount of US$1.6 billion (RMB11.2 billion).
The newbuildings are expected to be delivered between the fourth quarter of 2026 and the first quarter of 2028 and are to be chartered for 15 years from delivery.
“This strategic move will ensure steady growth in our shipping capacity, provide advantages of economies of scale, and strengthen the core competitiveness of our fleet and services. Additionally, it will further consolidate our position in the industry and continuously support the scale and global expansion of the company,” said OOCL in a statement.