YTD: 60 Ships orders won, earned more than Target of US$4.5B.
Five new orders from Greek shipowners, shared by state-owned enterprises and private enterprises, another wave of orders!
Original Dragon de Boatman Dragon de Boatman 2024/07/09 17:11 Listen to full text
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As container freight rates have rebounded to recent highs, the new container shipbuilding sector is also ushering in a wave of orders.
3.7 billion yuan container ship order! Two Chinese shipyards sign an agreement
On July 8, Greek shipping company Danaos Corporation announced on its official website that it has signed contracts with two Chinese shipyards to build 5 medium-sized container ships, with a total order value of 0.509 billion US dollars (approximately RMB 3.702 billion).
Among them, 4 9200TEU medium container ships were built by Dalian Shipbuilding, a subsidiary of China Shipping Group, with a total order value of about 0.416 billion US dollars (about RMB 3.025 billion), and the cost of a single ship is about 0.104 billion US dollars, which are expected to be delivered in 2027 (3 ships) and 2028 (1 ship), respectively; 1 8258 TEU medium container ship was constructed by Yangzijiang Shipbuilding, with an order value of 93 million US dollars (about RMB 0.676 billion)...

I can sense that this stock going to up soon