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Ningbo Ocean Shipping Co (NBOSCO) has set out to further expand its containership fleet with an investment in four 4,300 teu newbuildings.
The Shanghai-listed subsidiary of Ningbo-Zhoushan Port Group has lined up up to $278m for the quartet, with the shipyard yet to be selected through a bidding process.
The move comes hot on the heels of four 2,700 teu ships booked at Huangpu Wenchong Shipbuilding at about $48m each, with deliveries expected in 2027.
NBOSCO ranks 24th on Alphaliner’s list of top container carriers with 87 ships and more than 10 newbuilds on order.
The post Ningbo Ocean Shipping ramps up fleet expansion appeared first on Energy News Beat.
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