South Korean owners turn to Chinese yard for new boxship tonnage

South Korea’s Namsung Shipping and Dongyoung Shipping have turned to China for new tonnage, placing orders for four containerships at CSSC’s Huangpu Wenchong Shipbuilding. The two Korean operators have contracted the Guangzhou-based yard, together with China Shipbuilding Trading Co, for a pair of 4,300 teu containerships and two 1,900 teu feeder vessels. The deal marks …

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