Jinjiang Shipping doubles Yangzijiang boxship order

AI Summary

Jinjiang Shipping, controlled by Shanghai International Port Group, has doubled its feeder containership order by signing contracts for four additional 1,900 TEU vessels at Yangzijiang Shipbuilding. This expansion is part of its newbuilding program to increase capacity.

Shanghai-listed Jinjiang Shipping has firmed up options for four more 1,900 teu containerships at Yangzijiang Shipbuilding, doubling its latest feeder newbuilding programme. The Shanghai International Port Group-controlled carrier said its wholly owned subsidiary Manqiang Shipping has signed contracts with Jiangsu New Yangzi Shipbuilding and Jiangsu Yangzi Hongyuan Shipbuilding for the additional quartet. The contracts are …