COSCO Shipping Specialized Carriers piles on 14 heavylift newbuilds
COSCO Shipping Specialized Carriers is pressing ahead with another major fleet expansion, lining up 14 more 60,000 dwt multipurpose heavylift ships through a mix of owned newbuildings and long-term bareboat charters. The Shanghai-listed unit of COSCO Shipping Group has approved eight vessels at COSCO Shipping Heavy Industry’s Dalian yard for up to RMB2.624bn ($392m), or …