Ningbo Ocean Shipping ramps up fleet expansion

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 …

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