COSCO Shipping Holdings (01919) subsidiary plans to order 6 vessels.

COSCO Shipping Holdings (01919) announced that on January 13, 2026, the buyer (i.e. China COSCO Shipping Asset Management) and the shipbuilder (Zhoushan Heavy Industries) entered into shipbuilding contracts to build six 3000 TEU container vessels on basically the same terms. The cost of each vessel is RMB 330 million, with a total price of RMB 1.98 billion for all the vessels. This transaction will help the group steadily increase its fleet capacity, achieve long-term balanced development, further consolidate its industry position, and align with the group's global development strategy for container shipping operations. After delivery, these vessels are planned to be used for international regional feeder operations, providing stable capacity support for relevant routes and reducing vessel costs. This will also enable the group to enhance its customer service capabilities in the region, leverage its dual-brand core competitive advantages, and create favorable conditions for long-term development in emerging markets, regional markets, and third-country markets.