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
15/10
2025
From October 1, 2025, Tan Son Nhat Cargo Services Company (TCS) officially became the cargo service partner of Turkish Airlines — one of the world’s leading airlines.
13/10
2025
The world’s leading shipping company, MSC (Mediterranean Shipping Company), has announced the launch of a new service called “Sambar,” connecting China with Southeast Asian countries including Vietnam, Thailand, and Malaysia.
09/10
2025
HANOI, October 9, 2025 – Deputy Minister of Construction Nguyen Xuan Sang announced that Vietnam and Saudi Arabia are enhancing comprehensive cooperation in the fields of transportation and logistics, aiming to establish a maritime corridor connecting the Middle East and Southeast Asia. This partnership is expected to play a key role in expanding global supply chains.