Cosco Shipping orders 12 methanol dual-fuel container ships

Cosco Shipping Heavy Industry and Cosco Shipping Lines on Thursday (29 August) signed a contract in Shanghai for the construction of twelve 14,000 TEU containerships with dual-fuel methanol propulsion.

The new ships belong to a new generation of ship types that will be jointly developed by Cosco Shipping Lines, Cosco Shipping Heavy Industry and the China Shipbuilding and Ocean Engineering Design and Research Institute.

The ship, which has a high loading capacity for reefer containers, has a total length of 335.9 meters and is 51 meters wide.

Sun Yunfei, Executive Vice President of Cosco SHIPPING Group, as well as leaders and guests from the Group’s Science and Technology Innovation Centre, Cosco SHIPPING Lines, Cosco Shipping Heavy Industry, Beijing Cosco Shipping Ship Trading and other units witnessed the signing ceremony and congratulated the two parties on their renewed cooperation.

“Cosco Shipping Holdings is currently focusing on a combination of building new ships and modernising existing vessels to accelerate the green and low-carbon transition of the company’s fleet,” the company said.

“The company has ordered twelve 24,000 TEU container ships with methanol dual-fuel propulsion, signed contracts for the conversion of eight ships to methanol dual-fuel propulsion, while promoting environmentally friendly development practices such as all-electric ship operation and biofuel pilot projects, which has given the company strong momentum to compete on the new course.”

Photo credit: Cosco Shipping Heavy Industry
Published: 2 September, 2024