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Splash247
fleet May 3, 2026

Costamare's $2.8bn Boxship Deal with COSCO Unveiled

Costamare has announced a significant newbuilding initiative in China, securing 16 vessels on long-term charters with COSCO Shipping, as reported by Splash247. This agreement, which includes 12 new 9,200 teu ships, is expected to generate $2.8 billion in contracted revenue.

Splash247
fleet May 3, 2026

Ardmore Shipping Orders New Tankers from China

Ardmore Shipping, based in Ireland, has ordered two new product and chemical tankers from China's Wuhu Shipyard, each with a capacity of 40,500 dwt and priced at $44.9 million, as reported by Splash247. The New York-listed company has also secured options for two additional vessels.

fleet May 3, 2026

Euroseas Expands Newbuild Orders with Four More Vessels in China

Euroseas has expanded its investment in feeder tonnage by confirming four additional newbuild orders in China, bringing its total orderbook to 10 vessels valued at approximately $500 million, as reported by Splash247. The company, led by Aristides Pittas, has contracted two 1,800 TEU ships at Nantong CIMC Sinopacific Offshore & Engineering and two 2,800 TEU high-reefer vessels at Huanghai Shipbuilding.

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