News Center

Home>News center

SinOceanic Orders 10 Ships for Long-Term Charters

 May.24--SinOceanic Shipping ASA said it has placed an order with China’s Jinhai Heavy Industries for 10 8,800 20-foot-equivalent unit container ships that the Oslo-listed company will manage for a foreign shipping line.



The “super eco” vessels will start long-term fixed charters following delivery beginning in mid-2015.


The total transaction, including the cost of building the ships and the charter parties, is valued at around $2.4 billion, SinOceanic said.


SinOceanic is majority owned by Singapore-based Sinindo Holdings, a subsidiary of China’s HNA transport and logistics conglomerate.