COSCO SHIP HOLD invested nearly 16.8 billion RMB to build 12 container ships

COSCO SHIP HOLD (01919.HK) announced that it has ordered 12 units of 18,000 TEU LNG dual-fuel container ships from independent third parties Jiangnan Shipyard and China Shipbuilding Industry, with a total price of RMB 16.788 billion (approximately HKD 18.671 billion), to be paid using internal resources and financing. The ships are expected to be delivered between 2028 and 2029