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Chengxi Shipyard Co News

30 Dec 2020

Eagle Bulk Buys Two Ultramaxes

Eagle Bulk Shipping has acquired two Ultramax bulk carriers, the U.S.-based dry bulk owner-operator announced Tuesday.The first vessel, which was built in 2015 and will be renamed the Helsinki Eagle, has been acquired for $16.5 million. The second vessel, which was built in 2016 and will be renamed the Stockholm Eagle, has been acquired for $17.65 million. Both SDARI-64 scrubber-fitted ships were constructed at Chengxi Shipyard Co. Ltd.Closings are expected during the first quarter of 2021, with the M/V Stockholm Eagle delivering to Eagle in the Atlantic basin.The sales follow the company’s recently-announced acquisition of a similar specification vessel renamed Oslo Eagle.Gary Vogel…

16 Dec 2020

Eagle Bulk Acquires Secondhand Ultramax

Eagle Bulk Shipping Inc. has purchased a 2015-built bulk carrier for a purchase price of $16 million, the U.S.-based dry bulk owner-operator announced Wednesday.The ship, which will be renamed Oslo Eagle, is a high-specification SDARI-64 scrubber-fitted Ultramax constructed at Chengxi Shipyard Co. Ltd. in 2015. It is expected to be delivered into the Eagle Bulk fleet during the first quarter of 2021.The company’s fleet totals 48 ships, including 21 Ultramaxes acquired over the past few years.

24 Jul 2018

Eagle Bulk Buys Ultramax Bulk Carrier

Eagle Bulk Shipping Inc. continues its fleet renewal strategy with today’s announcement that it has acquired a secondhand bulk carrier for a purchase price of $21.2 million.The ship, a SDARI-64 Ultramax bulk carrier, was constructed at Chengxi Shipyard Co. Ltd. in 2014.Eagle Bulk plans to rename the vessel M/V Hamburg Eagle and said it expects to take delivery in the fourth quarter of 2018.Upon delivery, the company’s fleet will consist of 47 vessels, including 13 Ultramax dry bulk vessels acquired over the last 20 months.

06 Nov 2017

Scorpio Bulkers Acquires Four Vessels

Scorpio Bulkers, announced that it has entered into two separate agreements with unaffiliated third parties to acquire three Ultramax dry bulk vessels and one Kamsarmax dry bulk vessel. The deal was for an aggregate of $90 million, of which $77.1 million is payable in cash and the remaining consideration is in the form of approximately 1.592 million common shares of the Company to be issued to one of the sellers. All of the Ultramax vessels were built at Chengxi Shipyard Co Ltd in China, of which two were delivered in 2014 and one was delivered in 2015. The Kamsarmax bulk carrier is a resale unit whose construction will be supervised by the Company and which will be delivered from Jiangsu New Yangzijiang Shipbuilding Co Ltd in China in the second quarter of 2018.

22 Apr 2015

Vessel Forebody Launched for Rand Logistics

Video screenshot (courtesy of Rand Logistics)

Rand Logistics, Inc. announced the launch of its new vessel forebody. The new forebody, built by Chengxi Shipyard Co., will be affixed to the aft section of the company's recently acquired Danish-flagged vessel and is set to become the first new Canadian-flagged river class self-unloader introduced into service on the Great Lakes in over 40 years. The new vessel is expected to be introduced into service in the fourth calendar quarter of 2015 and will increase the size of Rand's fleet to 16, including 10 Canadian-flagged and six U.S.-flagged vessels.

07 Oct 2013

Scorpio Bulkers on US$455-million Buying Spree

Photo courtesy of Scorpio Bulkers

7   Nantong COSCO KHI Ship Engineering Co. 8   Nantong COSCO KHI Ship Engineering Co. 9   Chengxi Shipyard Co. 10  Chengxi Shipyard Co. 11  Chengxi Shipyard Co. 12  Tsuneishi Group (Zhoushan) Shipbuilding Inc. 13  Tsuneishi Group (Zhoushan) Shipbuilding Inc. Scorpio Bulkers is a newly established company, listed on the Norwegian OTC, focused on the ownership and operation of a fleet of modern mid-size dry bulk carriers. The company is incorporated in the Republic of The Marshall Islands and has principal executive offices in Monaco and New York.

25 Jul 2013

Scorpio Order 11 Bulk Carriers from China Shipyards

China – Shipyard: Photo courtesy of Jinling shipyard

Scorpio Bulkers Inc. has reached agreements with three yards in China to construct a minimum of 11 and up to 14 dry bulk carrier newbuildings. Scorpio Bulkers is a newly established company listed on the Norwegian OTC with offices in Monaco and New York. They have reached agreements with ChengXi Shipyard CO. Ltd. Dalian, COSCO KHI Ship Engineering Co. Ltd., and Nantong COSCO KHI Ship Engineering Co. Ltd. for the construction of the vessels for approximately $27 million each. The vessels are from 61,000 to 64,000 DWT designed for the carriage of dry bulk commodities.

07 May 2013

MHI, Chengxi Shipyard Collaborate for BWTS Retrofittings

Mitsubishi Heavy Industries, Ltd. (MHI) and Chengxi Shipyard (Xinrong) Co., Ltd. in China have agreed to collaborate in the ship repair business through installation of ballast water treatment systems (BWTS). The two companies signed the agreement on April 26. Based on the new agreement, the two companies will closely collaborate throughout the BWTS retrofitting process: from BWTS marketing, system selection and design to actual installation work with customer needs. MHI is to provide the drawings necessary for undertaking retrofitting work of BWTS. It will also dispatch supervisors to the site in China when necessary and conduct training in Japan for engineers of the Chinese shipyard at its Yokohama Dockyard & Machinery Works…

28 Mar 2013

China Shipyard Delivers First Dolphin 64 Bulker

The 63,800 dwt bulk carrier 'Amber Champion' has been completed and named at the Chengxi Shipyard Co. A spokesperson for the shipbuilder addressed guests at the ceremony, and the following is drawn from that speech. The Dolphin 64 bulk carrier is an energy-efficient, environmental-friendly, and economic Supermax vessel. Not only does it have an index of each function much higher than the required baseline standards, but it also shows unparalleled economy over vessels of similar types. Designed by SDARI, and built by Chengxi Shipyard Co., Ltd, after consistent efforts of 10 months since the steel cutting on April 30, 2012, the first “Dolphin 64” bulk carrier was finally born along Yangtze River.

05 Sep 2012

Bridge Navigation Systems Contract for Northrop Grumman

Northrop Grumman contracted by Chengxi Shipyard to supply navigation bridge equipment for a series of new 39,500-dwt dry bulk cargo ships. The contract is for the supply of navigation bridge equipment for a series of 39,500-dwt dry bulk cargo ships being built in China for the China Navigation Company Pte. Ltd., Singapore, the deep-sea shipping company of the Swire Group. Under the contract with Chengxi Shipyard Co., Ltd., Northrop Grumman's Sperry Marine business unit will deliver four shipsets to the company's shipyard in Jiangyin, China, for installation. Each shipset will include a complete integrated bridge system (IBS) with navigation sensors, a VisionMaster™ Total Watch™ radar and electronic chart display and information system (ECDIS).

20 Aug 2010

Deltamarin Wins Contract for SUL Bulk Carrier

Deltamarin has signed an agreement with Chengxi Shipyard Co., LTD about the design of a SUL (Self Unloading) Panamax Bulk Carrier to be built for CSL International Inc. Deltamarin will take care of the basic and detail design of the vessel as well as the procurement support. The vessel is a derivative of Deltamarin’s revolutionary B.delta standard bulker designs with improved cubic capacity and markedly lower fuel consumption compared to competing designs. The ship concept for this new generation of SUL bulk carriers has been created by Deltamarin for CSL International previously. The good cooperation between the ship owner and Deltamarin resulted in many improvements to current designs of SUL bulk carriers.

11 Sep 2006

Shipyard Builds Container Vessel in 54 Days

According to reports, Shanghai Shipyard & Chengxi Shipyard Company Ltd built a 3,500 TEU container vessel in only 54 days, breaking China's record of 60 days for a mid-sized container vessel. The team has already signed orders till the end of 2009. The state-owned Shanghai Shipyard & Chengxi Shipyard Co. updated their traditional shipbuilding skills when they moved to Chongmong Island from Lujiazui area in Pudong. The original technique took more than 140 days to build a 3,500 TEU container vessel. Shanghai Daily News