Iranian owner makes boxship move with China order

Tehran-based Kamal & Adel has moved into the containership sector with an order for a single 1,700 teu-class newbuild in China. The Iranian outfit has contracted Chizhou Tianyu Shipbuilding for the vessel, priced at around $31.5m and due for delivery in 2028. Detailed specifications have not been disclosed. Consultancy Alphaliner notes that a ship of … Read full article →