COSCO Shipping Adds Its 2nd 20,000 TEU Boxship
- Business & Finance
China’s COSCO Shipping Lines has taken delivery of its second 20,000 TEU-class boxship, COSCO Shipping Taurus.
The delivery and naming ceremony for the ultra large container vessel (ULCV) was held in Shanghai on January 27, 2018.
Shanghai Waigaoqiao Shipbuilding (SWS) launched the Hong Kong-flagged ship on January 16.
COSCO Shipping Taurus, which features a length of 400 meters and a width of 58.6 meters, has a market value of USD 121.35 million, VesselsValue’s data shows.
Earlier this month, the company took delivery of COSCO Shipping Aries — described as China’s first 20,000 TEU containership — from Nantong COSCO KHI Ship Engineering (NACKS).
Apart from the two recently delivered ULCVs, COSCO Shipping Lines has nine 20,000 TEU vessels on order at SWS, NACKS and Dalian Shipbuilding Industry yards.
World Maritime News Staff