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Shanghai Minsheng Shipping has signed a deal with Chinese shipbuilder New Dayang for the construction of two feeder container vessels, each with a capacity of 1,100 teu.
The vessels are scheduled for delivery in September and December of 2027, according to industry sources familiar with the deal.
Newbuilding brokers estimate the price per vessel to be between $22.5m and $24m.
Established in 1985 as the Shanghai Branch of Minsheng Shipping, the company focuses on liner services along near-sea routes, as well as domestic and international container shipping within the Yangtze River Basin.
Shanghai Minsheng is listed on shipping databases with one 2011-built feedermax, Hai Men.
New Dayang, the shipbuilding arm of state-run machinery manufacturer Sumec, has an orderbook that stands at more than 100 vessels most of which are ultramax bulkers of its flagship Crown 63 Plus design.
The Shanghai Minsheng contract marks only its second boxship order, following a newbuilding deal with X-Press Feeders in late 2021.
In early 2025, New Dayang also entered the product tanker building arena with four 50,000 dwt vessels commissioned by Singapore’s Adhart Shipping, scheduled for delivery between 2027 and 2028.
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