Chinese newcomer lines up $24m boxship newbuild

Newly established Xiamen Xinliansheng Shipping has moved straight into shipowning with a RMB158m ($24m) containership newbuild at Zhejiang Shenzhou Sunshine Heavy Industry. A Xiamen enterprise investment filing shows the company has commissioned the Chinese yard to build a 2,000 teu unit for delivery in July 2027. Xinliansheng is only a few months old. Business registration … Read full article →