Maritime

COSCO Acquires Another 14,500 TEU Boxship

China’s COSCO Shipping Lines has welcomed to its fleet another 14,500 TEU newbuild, COSCO Shipping Denali.

Flying the flag of Hong Kong, the newbuild has a length of 366 meters and a width of 51.2 meters. Its market value currently stands at USD 88.11 million, VesselsValue’s data shows.

The 155,500 dwt COSCO Shipping Denali is the company’s fourth 14,500 TEU containership that will serve the European route. This type is a next-generation environmentally-friendly containership independently developed by Hudong Zhonghua, according to COSCO.

COSCO Shipping Denali’s sister vessels, COSCO Shipping Himalayas, COSCO Shipping Kilimanjaro and COSCO Shipping Alps, were handed over to the company in July and December 2017 and January 2018, respectively.

—World Maritime News

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