COSCO Shipping orders more heavy lift vessels

Shanghai: COSCO Shipping has signed up for a total of eight heavy lift newbuilds in the past week.
On the evening of October 31st, COSCO Shipping signed a contract with Nantong COSCO KHI Ship Engineering Company Limited in Shanghai, to build four  28,000-dwt heavy lifters.

On the morning of November 1st, COSCO Shipping signed with Shanghai Shipyard to build another four  28,000-dwt heavy lift ships.

COSCO signed for ten 27,000-dwt MPPs back in March as part of plans to establish its heavylift fleet as the number one in the world.
(Source:www.seatradeasia-online.com)