Wuchang Shipbuilding Industry Co News

On Friday 6 February 2015, Wuchang Shipbuilding Industry Co., Ltd., China, held a steel cutting ceremony for the first of four platform supply vessels of ULSTEIN’s PX121 design being built for Otto Offshore Limited. The shipbuilding contracts at Wuchang were announced in August 2014. Ulstein Design & Solutions is contracted on the delivery of ship design & equipment to four PX121 type platform supply vessels. The contract includes the deliveries of design, engineering and main equipment. An extensive delivery from Ulstein Power & Control includes integrated control systems, bridge (radio, navigation), switchboard, diesel electric propulsion and frequency converters, and communication systems.

Ulstein Design & Solutions has entered into a contract with Wuchang Shipbuilding Industry Co., Ltd, China, for the delivery of ship design and equipment for four PX121 type platform supply vessels. The shipowner is the Singapore based Otto Offshore Ltd., who will receive all vessels in 2016. The contract also includes an option for four additional vessels. These PX121 vessels are capable of supporting offshore activities which are being carried out further from shore and in deeper waters. The vessels can carry flexible loads.

China's State Oceanic Administration has placed 8 orders with Wuchang Shipbuilding Industry Co., & altogether 36 are to be built within two years. As the global shipbuilding industry endures one of its toughest spells in years, at least eight new orders for maritime surveillance ships have been secured by Wuchang Shipbuilding Industry Co Ltd, a subsidiary of China Shipbuilding Industry Corp. The progress echoed an earlier statement from Liu Cigui, head of the State Oceanic Administration, which said that 36 patrol vessels are being built and will be put into operation within the next two years by China Marine Surveillance, the bureau's maritime law enforcement agency.