en.Wedoany.com Reported - Zhonggu Logistics has adjusted the design of some newly built container ships to increase individual vessel capacity, while also planning to sell three existing vessels. The Chinese container shipping company initially planned to build eight 6,000 TEU series vessels, but after finalizing the ship design, it has now modified them to 6,300 TEU.

In January, the Shanghai-listed company signed contracts with Hengli Heavy Industries for four firm 6,000 TEU vessels and two options, with a total construction cost cap of approximately $500 million (excluding taxes), scheduled for delivery starting in 2028. In February, Zhonggu added two 6,000 TEU vessels at China Merchants Jinling Shipyard.

The revised newbuilding plan now includes ten 1,800 TEU vessels and eight 6,300 TEU vessels, with total investment unchanged at RMB 6.86 billion (approximately $1 billion). Zhonggu plans to support the vessel acquisition program through RMB 3 billion from a convertible bond issuance. The company stated that this change does not alter the vessel type or the amount of proceeds used from the planned bond issuance.

As part of its fleet renewal plan, Zhonggu is also preparing to sell three vessels. The company plans to dispose of the 2023-built post-Panamax vessel "Zhong Gu Cheng Du" and two general cargo vessels "Zhong Gu 20" (built in 2015) and "Zhong Gu 21" (built in 2014) through public auction, listing, or negotiated sale, with an expected sale price of no less than RMB 570 million (approximately $84 million).

According to fleet data from shipping consultancy Alphaliner, Zhonggu Logistics currently operates 64 vessels, with another 18 on order. In April, Zhonggu supported the restart of Wuhan Qingshan Shipyard through an order for ten 1,800 TEU feeder vessels. The Shanghai-listed company stated at the time that the investment cap for this series of vessels was $392 million, with delivery scheduled between 2028 and 2029.

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