A new Sino-German company called Gerchicon has ordered nine 2,300-teu containerships.

It has inked a contract with Zhoushan Changhong International Shipyard in China for three ships and two sets of options of three vessels each, according to Alphaliner.

Gerchicon was incorporated this month in Rhauderfehn in the Leer district of Lower Saxony and its listed with two Chinese managing directors.