Jiangsu Ocean Shipping Firms up Boxship Newbuild Brace
2025-09-25 11:02
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Wedoany.com Report-Sept. 25, China’s Jiangsu Ocean Shipping (JOSCO), the shipping division of Jiangsu Port Group, has expanded its newbuilding program by confirming options for two additional 1,930 teu container ships at Guangzhou Wenchong Shipyard.

These two vessels follow four ships of the same size ordered in May 2025, bringing the total number of units under construction at the CSSC-affiliated yard to six. According to Alphaliner, the latest pair is priced consistently with the earlier quartet, at around $32 million per vessel.

Deliveries for the two new ships are expected in late 2027 and early 2028, immediately following the arrival of the first four ships into JOSCO’s fleet.

With this expansion, JOSCO’s current orderbook totals ten vessels. In addition to the six Bangkokmax units at Guangzhou Wenchong, the company has four 3,006 teu Chittagongmax vessels on order at Jiangsu Soho Chuangke Shipbuilding.

While some of the new tonnage may be deployed on the charter market, the majority of the ships are intended to support Taicang Container Line, JOSCO’s liner subsidiary. The Taicang fleet currently operates 13 vessels, Alphaliner noted.

The expansion reflects JOSCO’s strategy to strengthen its container shipping operations and enhance capacity for its liner services. By placing orders at domestic shipyards, the company is maintaining continuity in construction standards and timelines while leveraging local shipbuilding expertise.

The additional 1,930 teu vessels will align with the existing Bangkokmax class in terms of size and design, ensuring fleet consistency and operational efficiency. The Chittagongmax vessels, slightly larger at 3,006 teu, complement the company’s mixed-size fleet strategy, enabling flexible deployment on regional and long-haul routes.

JOSCO’s orderbook now positions it for continued growth in China’s container shipping sector, supporting both domestic and international trade flows. The timing of the deliveries, spread over 2027–2028, ensures a staged integration of new capacity, allowing the company to manage fleet expansion without disrupting existing services.

The company’s investment underscores confidence in the shipping market and the demand for containerized cargo. With a mix of charter and liner deployment, JOSCO can optimize utilization while maintaining service reliability for its Taicang Container Line customers.

Overall, JOSCO’s ongoing newbuilding program demonstrates a targeted approach to fleet modernization and expansion, combining strategic ship size selection with careful delivery scheduling to enhance operational capabilities and support long-term growth in container shipping.

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