COSCO's Zhoushan Shipyard delivers 2nd car carrier MV Tengfei
China's domestic carmakers now have a new option to ship their vehicles to overseas markets, after a cargo vessel capable of carrying 5,000 cars began operations, Chinadaily reported.
The carrier will significantly cut shipping costs and reduce carmakers' heavy reliance on foreign logistics companies, according to senior executives of China Ocean Shipping (Group) Co (COSCO).
The MV COSCO Tengfei car carrier, which can carry up to 5,000 cars and trucks, departed from Shanghai's Waigaoqiao port in the Pudong New Area on Saturday. This is the second delivery by this type of vessel following a successful shipment by MV COSCO Shengshi in February.
Designed by the Shanghai Design Institute and manufactured at COSCO's Zhoushan shipyard south of Shanghai, COSCO Tengfei and COSCO Shengshi will deliver Chinese-made cars to South American countries and carry European cars on the return trip, Han Guomin, chief executive officer and director of COSCO Shipping Co Ltd, told China Daily.
The carrier, 182.8 meters in length, 32.2 meters in width and 14.95 meters in depth, has a deadweight tonnage (DWT) of 14,500. Equipped with three adjustable decks, it can hold cars of different heights.
According to Han, it will take COSCO Tengfei 28 days to reach its destination, Santos in Brazil. More than 4,400 cars made by Chery Automobile Co Ltd, Anhui Jianghuai Automobile Co Ltd (JAC), Sany Heavy Industry Co Ltd, and Lonking Holdings Ltd will be shipped in this journey.
The carrier will significantly cut shipping costs and reduce carmakers' heavy reliance on foreign logistics companies, according to senior executives of China Ocean Shipping (Group) Co (COSCO).
The MV COSCO Tengfei car carrier, which can carry up to 5,000 cars and trucks, departed from Shanghai's Waigaoqiao port in the Pudong New Area on Saturday. This is the second delivery by this type of vessel following a successful shipment by MV COSCO Shengshi in February.
Designed by the Shanghai Design Institute and manufactured at COSCO's Zhoushan shipyard south of Shanghai, COSCO Tengfei and COSCO Shengshi will deliver Chinese-made cars to South American countries and carry European cars on the return trip, Han Guomin, chief executive officer and director of COSCO Shipping Co Ltd, told China Daily.
The carrier, 182.8 meters in length, 32.2 meters in width and 14.95 meters in depth, has a deadweight tonnage (DWT) of 14,500. Equipped with three adjustable decks, it can hold cars of different heights.
According to Han, it will take COSCO Tengfei 28 days to reach its destination, Santos in Brazil. More than 4,400 cars made by Chery Automobile Co Ltd, Anhui Jianghuai Automobile Co Ltd (JAC), Sany Heavy Industry Co Ltd, and Lonking Holdings Ltd will be shipped in this journey.
