en.Wedoany.com Reported - COSCO Shipping Holdings Co., Ltd. (COSCO SH) plans to order 12 new liquefied natural gas (LNG) dual-fuel powered container ships. If the orders are finalized, this batch of new vessels is expected to be operated by Orient Overseas Container Line Co., Ltd. (OOCL).
According to information obtained by Wedoany.com, COSCO SH plans to order 12 14,000 TEU LNG dual-fuel powered container ships from Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., a subsidiary of China State Shipbuilding Corporation (CSSC). The estimated cost per vessel is between $170 million and $190 million, which would put the total cost in the range of $2.04 billion to $2.28 billion (approximately RMB 14 billion to 15.7 billion).
If this batch of orders is successfully confirmed, it will add another major order to Hudong-Zhonghua's new shipbuilding projects for 2026. Currently, Hudong-Zhonghua has announced 9+7 new vessels in the LNG carrier market. It is reported that Singapore-based shipowner Pacific International Lines (PIL) has ordered 4 13,000 TEU class LNG dual-fuel powered New Panamax container ships from the shipyard, a project worth over $1.5 billion.
In 2026, COSCO SH is committed to steadily increasing its fleet capacity and achieving long-term balanced development. On January 14, COSCO SH issued two consecutive announcements, declaring it would spend RMB 16.788 billion to order 12 18,000 TEU LNG dual-fuel powered container ships from Jiangnan Shipyard, with expected delivery between 2028 and 2029; and spend RMB 1.98 billion to order 6 3,000 TEU container ships from Zhoushan COSCO Shipping Heavy Industry, scheduled for delivery between June and December 2028.
COSCO SH stated that the new ships from Jiangnan Shipyard are planned to be deployed on major east-west trunk routes to enhance service quality on related routes, optimize their cost structure, and thereby further strengthen COSCO SH's core competitiveness in the traditional mainline market.
The new ships from Zhoushan COSCO Shipping Heavy Industry are planned to be deployed on international regional feeder routes. They can provide stable capacity support for related routes, reduce vessel costs, improve customer service capabilities in relevant regional markets, leverage the core competitive advantages of the dual-brand strategy, and create favorable conditions for achieving long-term development in emerging markets, regional markets, and third-country markets.
OOCL is a wholly-owned subsidiary of the Hong Kong-listed Orient Overseas (International) Limited and is one of the world's largest international integrated container shipping and logistics companies. It currently has several new dual-fuel container ships yet to be delivered, specifically 7 24,000 TEU methanol dual-fuel powered container ships scheduled for delivery by Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) between the third quarter of 2026 and the third quarter of 2028.
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