COSCO TO REVIEW BIDS FOR 5,250-TEU SHIPS
China Ocean Shipping Co. said that it will review bids from shipyards
for the construction of a series of new 5,250-TEU containerships.
COSCO spokesman Sun Jiakang said that press reports that COSCO has
already decided to order the ships from the Nantong shipyard are false.
In 1997, COSCO took delivery of a first series of six 5,250-TEU ships.