Zhonggu steps up boxship investments with larger newbuilds

China’s Zhonggu Shipping Group has signed up for two 14,000 teu containerships at Hudong-Zhonghua Shipbuilding, moving into significantly larger tonnage as investment across the group gathers pace. The Shanghai-based company has contracted the conventionally fuelled pair, without disclosing the value or delivery dates. The agreement adds another large containership series to Hudong-Zhonghua’s expa Read full article →