Antong Holdings’ Unit Orders 12 Containerships

Image Courtesy: BSM

Quanzhou Ansheng Shipping, a subsidiary of Chinese transportation company Antong Holdings, has ordered twelve 640 TEU boxships from three compatriot yards.

The orders were placed at Fujian Southeast Shipbuilding, Fujian Mawei Shipbuilding and Nantong Xiangyu Marine Equipment. Each of the shipyards will build four vessels.

As informed in a stock exchange filing, the total price of the order is CNY 784 million (around USD 120 million).

The newbuildings are expected to be delivered in 2019. Following their completion, the company plans to gradually phase out some of its older vessels.

The move is part of the company’s strategy to invest in green vessels and reduce operating costs.

In a separate announcement, Antong Holdings revealed that Hainan Ansheng Shipping, another subsidiary of the company, plans to purchase four secondhand containerships from Norway-based Awilco Container.

The company will pay a total of USD 59.25 million for the quartet.

The ships in question are the 2010-built AS Mariana and AS Mariella and the 2009-built ALS Fortuna and AS Magnolia. Each of them has a capacity of 4,300 TEU.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jan 2018 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Mega Cargo Show 2018

The focus of the event is to bring all connected with cargo fraternity on a single platform…

read more >

Vietship 2018

Vietship is the largest and longest established exhibition in Vietnam featuring all aspect of Shipbuilding, Shipping and Offshore Technology.

Since its first event in 2002, Vietship has become the convergence and platform of advanced technologies regional and worldwide in shipbuilding and ship repair, marine equipment, waterway transportation and services, marine and offshore engineering.

After 16 years of eight consecutive editions, Vietship has affirm itself as an important event in enhancing cooperation and development, attracting investments, exchanging technology and creating ideal opportunities for trade promotion in the international maritime industry.

More info

read more >

LNG Bunkering Summit 2018

The conference will cover the obstacles facing both the shipping and port communities, exploring developments in conversion and new builds…

read more >