FilingReader Intelligence
COSCO Shipping Development orders 10 bulk vessels worth 5.3bn yuan
July 29, 2025 at 03:11 PM UTC•By FilingReader AI
COSCO Shipping Development has ordered ten 210,000-tonne bulk cargo vessels from two Chinese shipyards for approximately 5.28 billion yuan total.
Heavy Industry will build six vessels for 3.17 billion yuan, while China State Seller will construct four for 2.11 billion yuan. The vessels will be leased back to COSCO Shipping Bulk for 20 years.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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