On December 8th, COSCO Shipping Group and China Shipbuilding Group Corporation held a grand signing ceremony for new ship contracts in Shanghai.

The global shipping and shipbuilding industries are undergoing profound changes, with the integration of green and low-carbon concepts and digital intelligent technology becoming the core direction industry development. COSCO Shipping Group's new shipbuilding project this time has precisely grasped the current trend of large-scale, green, and intelligent development in the shipping. By continuously optimizing the fleet structure and consolidating the scale advantage, it fully guarantees the stable and smooth trade logistics supply chain around the world, demonstrating its strategic vision and sense of as a leading industry player.

The signing ceremony for the new shipbuilding project has achieved remarkable results, covering a variety of types of vessels, with a total of 87 ships, and the total contract amount is about 50 billion yuan, of which the cross-border RMB settlement amount is about 47 billion yuan.

Such a large order not only demonstrates COSCO Shipping Group's firm confidence in the future shipping market but also reflects the strong shipbuilding capacity and outstanding delivery capability of Chinabuilding Group.

This new shipbuilding cooperation project is undoubtedly an important milestone in the journey of the two groups working together. Both sides give full play to their respective advantages, complementary win-win results, and vividly interpret the mission and responsibility of central enterprises.

Looking forward, the two groups will take this signing as a new starting point, to adhere to the concept of "win-win cooperation and coordinated development", and carry out more in-depth and extensive cooperation in cutting-edge fields such as technological innovation, and low-carbon, intelligent ships, and intelligent manufacturing. They will work together to build a safe, efficient, green, and resilient global shipping system, and inject continuous new imus into the realization of the "15th Five-Year Plan" development goals of China's maritime and shipbuilding industry and accelerate the construction of a maritime power