As informed, the agreement will allow CEVA to transport approximately 140,000 vehicles annually between global markets, especially China and Europe.
The RORO ships are currently under construction by China Merchants Jinling Shipyard (Weihai), with the first vessel expected to be delivered in December and the three subsequent ships coming in 2024. Under the lease agreement, CEVA Logistics will manage and operate the vessels with full commercial control over the RORO capacity.
