Ports & Terminals #cosco#tianjin
COSCO Shipping Heavy Industry Plans $1.1 Billion Mega Yard in Tianjin with Two VLCC-Scale Drydocks
COSCO Shipping Heavy Industry has filed environmental plans for an RMB8bn ($1.1bn) greenfield shipyard in Tianjin's Lingang Economic Area. The facility will cover 145.9 hectares with two VLCC-scale drydocks, three outfitting berths, and 448,000 sq m of workshops. First newbuild deliveries are scheduled for 2029, targeting large bulk carriers and containerships.
Jul 29, 2026 1 source