COSCO launches electric container ship project
COSCO Shipping has unveiled plans for two 700 TEU electric container vessels, which are expected to operate on the Yangtze River mainline.
Earlier in March, the Chinese shipping company held a cloud-based project signing ceremony for its two electric boxships.
On 18 March, 51 enterprises and institutions were virtually connected to witness the signing of the 700 TEU electric container vessel building agreement and ship leasing agreement between COSCO Shipping Development, COSCO Shipping Heavy Industry Yangzhou and Shanghai PANASIA Shipping respectively.
The signing parties will jointly promote the green zero-carbon transformation of shipping on the Yangtze River, according to a statement.
"The successful development of the new 700 TEU electric container vessel and the signing of the project agreements are important steps taken by COSCO Shipping to implement the 14th Five-Year Plan, practice the strategy of green development and promote the high-quality development of the enterprise," said COSCO in a statement.
Source: Container News
Related News
21/06
2021
The global Covid-19 crisis has highlighted the importance of refrigerated container logistics to keep vital supplies of food and medicines, including vaccines, flowing around the world as nations locked down.
04/08
2021
Jawaharlal Nehru Port Trust – JNPT, one of the premier container handling ports, recorded 433,533TEUs (Twenty-Feet Equivalent Units) in July 2021, a growth of 21.15% as compared to344,316 TEUs during the same period last year. The container traffic handled at JNPT during the first 4 months of FY 2021-22 was 1,797,838 TEUs, which is 50.80% higher than the container traffic of 1,192,165 TEUsover the same period of last year.
01/12
2022
The OCEAN Alliance is upsizing its transatlantic service again by replacing four 8,500-10,000 TEU ships with four 11,000 to 14,000 TEU vessels.