Ningbo Ocean Shipping Co (NBOSCO) has revealed a fleet expansion plan, which is expected to see four newbuildings added to its fleet.
The Shanghai-listed subsidiary of Ningbo-Zhoushan Port Group has lined up up to $192m for a quartet of 2,700 teu vessels, with the shipyard yet to be selected through a bidding process.
NBOSCO ranks 24th on Alphaliner’s list of top container carriers with 85 ships and 11 newbuilds on order.
The company, whose chairman Zongquan Xu stepped down in April, last ordered newbuilds in May 2024 by signing up for a pair of all-electric 740 teu feeders at Jiangsu Haitong after booking a series of 1,058 teu newbuilds at Taizhou Jianxing Shipyard in July 2023.
