COSCO targets dozen LNG dual-fuel boxships in $2bn move

China’s state-run shipping group COSCO is closing in on another major boxship order, with brokers pointing to a deal for up to 12 LNG dual-fuel container vessels worth more than $2bn. Market sources say the group is in advanced talks with CSSC’s Hudong-Zhonghua Shipbuilding for a series of 14,000 teu neo-panamax ships, with pricing understood …

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