China Shipping Chasing Maersk by Ordering Five of the World's Biggest Vessels
By: JOC Sailings 05.01.2013
China Shipping Container Lines plans to order five 18,000 20-foot-equivalent unit container ships, the world's largest, becoming the first carrier to challenge Maersk Line, which will deploy the first vessel of this size in the Asia-Europe trade in June.
The new vessels, to be built in South Korea, will raise the Chinese ocean carrier's "core competitiveness," CSCL said in a filing to the Shanghai stock exchange.
Hong Kong-based CSCL, the world's ninth-largest carrier, said, "Further details will be disclosed after a firm contract is signed."