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CSBC To Build Containerships For Maersk

Maritime Activity Reports, Inc.

October 29, 1999

China Shipbuilding Corp. (CSBC) has reportedly won a contract to build two more small container vessels for Maersk Line, which already has four vessels on order with the Taiwanese company. According to market sources, the two new ships will have 2,000 teu capacity. CSBC is currently at work on four 2,000 teu vessels for Maersk Line, the first of which is scheduled for delivery in December, with the remaining three due by June 2000. CSBC has earlier delivered 10 ships to A.P. Moeller.

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