Quartet mega boxships for Coscon

Coscon, the container shipping arm of Cosco Group, and Nantong Cosco KHI Ship Engineering Co (Nacks), a joint venture between Cosco and Kawasaki Shipbuilding Corp, entered into a shipbuilding contract for the construction of four 10,000 TEU containerships. These newbuildings are believed to be the largest of their kind to date and the first vessel of the series will be delivered in 2008 while the remaining three will be completed by the end of the first quarter of 2009.