Zhonggu Logistics orders 10 feeder container ships

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Zhonggu Logistics has issued an announcement titled “Announcement on the Investment in the Construction of 10 1,800 TEU Container Ships,” stating that Zhonggu Logistics or its subsidiaries intend to sign a contract with Qingshan Shipyard for 10 1,800 TEU container ships.

The total contract value will not exceed RMB 2.7 billion; based on this calculation, the cost per vessel will not exceed RMB 270 million. Delivery is expected between 2028 and 2029.