Wednesday, November 21, 2012

[Marine] AVIC may co-own boxships

AVIC may co-own boxships

China's AVIC Weihai Shipyard is in talks with Germany's Bernhard Schulte to build 2,300TEU containership series.

The Shandong-based yard is said to be considering co-owning the newbuildings together with the shipowner.

An industry source said, “Schulte has proposed to co-own the newbuildings with the yard."

"AVIC Weihai could own up to 90% stake of the vessels,” he added.

Meanwhile, Schulte had teamed up with JP Morgan to order four 2,300TEU boxships with four options at Zhejiang Yangfan last month.



Published : November 20, 2012


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