Independent journal on economy and transport policy
04:06 GMT+2
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SHIPYARDS
CSSC and COSCO sign a cooperation agreement for the construction of 87 ships
Project worth about 7.1 billion dollars as part of China's 15th Five-Year Plan
Pechino
December 9, 2025
The directors of the Chinese state-owned China State Shipbuilding groups
Corporation (CSSC) and COSCO Shipping Corporation Ltd. have
A cooperation agreement was signed yesterday for a project of
shipbuilding that provides for the construction of a
87 ships of various types, for a contract value of about 50
billion renminbi ($7.1 billion). This amount
constitutes a new record in the history of the Chinese industry of
shipbuilding.
The agreement is part of the 15th five-year plan 2026-2030,
which plans to make China a world maritime power, and
notes the phase of marked changes taking place both in the
maritime transport sector and shipbuilding
with the deep integration of green and low-level technologies,
emissions and artificial intelligence.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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The directors of the Chinese state-owned China State Shipbuilding groups
Corporation (CSSC) and COSCO Shipping Corporation Ltd. have
A cooperation agreement was signed yesterday for a project of
shipbuilding that provides for the construction of a
87 ships of various types, for a contract value of about 50
billion renminbi ($7.1 billion). This amount
constitutes a new record in the history of the Chinese industry of
shipbuilding.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
