Financial Ports

COSCO orders 16 grain carriers in $800m fleet expansion

CLAVE 1 / 4COSCO Shipping Bulk orders 16 new multipurpose grain carriers at Fujian Shipbuilding.

CLAVE 2 / 4The vessels have a deadweight tonnage of 87,000 dwt each.

CLAVE 3 / 4Three Chinese leasing firms back the $800m programme: ICBC (11 ships), Zheyin (3), Yongying (2).

CLAVE 4 / 4The deal was signed during Fujian Shipbuilding’s 160th anniversary event.

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