COSCO Shipping Lines (COSCON) is switching period charter contracts for 74 container ships in its fleet to bareboat charters.
The ships, comprising 49 vessels of below 9,000TEU and 25 vessels ranging from Neo-Panamaxes to ultra-large container ships, were originally operated by China Shipping Container Lines (CSCL) before the China Shipping and COSCO groups merged in 2015.
Under the terms of the merger, CSCL was renamed COSCO Shipping Development (CSD) as this company switched from being a liner...
https://container-news.com/cosco-extends-74-vessel-hire-on-bareboat-terms/