Contships goes big in China with up to 30 newbuilds

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Greek feeder-ship owner Contships Logistics has launched a China-based newbuilding program that could cover up to 30 containerships. Its wholly owned CLC Newbuildings signed a letter of intent with Hubei Guangji Green Energy Shipbuilding Group for 10 firm 1,300-TEU vessels and options for two additional groups of 10.

Greek feeder specialist Contships Logistics has launched a potentially 30-ship newbuilding programme in China as the Nikolas Pateras-led owner shifts its fleet renewal drive towards fresh tonnage. Wholly owned CLC Newbuildings has signed a letter of intent with Hubei Guangji Green Energy Shipbuilding Group covering 10 firm 1,300 teu containerships plus two sets of 10 …