Shipbuilding Support from MHI for Sinopacific Newbuildings

Press Release
Tuesday, March 13, 2012
Shipyard Sinopacific: Photo credit MHI

Japan's Mitsubishi Heavy Industries and Sinopacific Shipbuilding of China sign joint development agreement

MHI will provide technological support to Sinopacific in the area of commercial vessel construction. MHI is currently promoting expansion of its engineering business mainly through licensing of technology, while Sinopacific is taking steps to strengthen its shipbuilding business through introduction of technologies from advanced shipbuilders. The respective aims of the two companies thus coincide. As their first collaborative work, the two firms will jointly develop an 82,000 deadweight ton (DWT) class bulk carrier.Under the agreement, MHI will provide the conceptual design, including hull shape, for the newbuilding by Sinopacific.

The bulk carrier to be developed will be the flagship model in Sinopacific's "CROWN" series, the company's bulk carrier brand name. The development program will aim to exceed international standards in carrying efficiency, environmental protection, operability and controllability. MHI will support Sinopacific in optimizing the ship's design through provision of related technologies. The ship will be built at Yangzhou Dayang Shipbuilding Co., Ltd., a Sinopacific group company, with development slated for completion in 2013.

Sinopacific is headquartered in Shanghai and has eight subsidiaries in Yangzhou, Ningbo and Hong Kong that handle ship construction, auxiliary equipment manufacture, design and marketing. The group's product lineup includes bulk carriers, container ships, small-size gas carriers and offshore support vessels. The group has eagerly sought to establish a broad range of collaborative relationships with foreign shipbuilders possessing advanced technologies in a quest to enhance its international competitiveness.

MHI is now promoting engineering business as the growth strategy for its Shipbuilding & Ocean Development business sector. The Joint-Development Agreement with Sinopacific will be MHI's third in the area of shipbuilding, coming on the heels of similar agreements reached with Oshima Shipbuilding Co., Ltd. and L&T Shipbuilding Limited last year. Gaining momentum from the latest agreement, going forward MHI will further strengthen its engineering business activities targeting shipbuilders and explore new business opportunities.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Furuno Establishes China Subsidiary

FURUNO ELECTRIC CO., LTD. announced that its new subsidiary in Hong Kong has been established and has commenced business operation on February 1, 2016.   The new subsidiary, FURUNO CHINA CO.

Edison Chouest Opening Mississippi Shipyard

Edison Chouest Offshore locating shipbuilding operations, TopShip, LLC, in Gulfport, Miss.   Gov. Phil Bryant and officials from Edison Chouest Offshore, an offshore

R&M Group Merges with Sea Level Marine

R&M Ship Technologies USA, Inc. has merged Sea Level Marine, LLC. in efforts to increase the range of services offered to the company’s global client base. By aligning resources,

Contracts

Australia Submarines: Japan Vs France

While Japan is confident it has proven itself the best contender to build Australia's new submarines, the French have moved to undermine Japan’s bid to build the navy’s new submarines.

Novoship to Install Ecochlor BWTS on 4 Tankers

SCF Novoship Technical Management has selected the Ecochlor Ballast Water Treatment System (BWTS) to be retrofitted on three Aframax Oil Tankers and one Product Carrier.

Optimarin Breaks into the Fishing Market

Ballast water treatment (BWT) specialist Optimarin has landed its first ever contract in the fishing segment. The Norwegian firm will now supply its soon to be

Shipbuilding

Australia Submarines: Japan Vs France

While Japan is confident it has proven itself the best contender to build Australia's new submarines, the French have moved to undermine Japan’s bid to build the navy’s new submarines.

Elbit Systems Introduces Seagull

Israel’s Elbit Systems unveiled a prototype of what it claims is the world’s first unmanned system for anti-submarine warfare (ASW) missions.   Developed in less

Edison Chouest Opening Mississippi Shipyard

Edison Chouest Offshore locating shipbuilding operations, TopShip, LLC, in Gulfport, Miss.   Gov. Phil Bryant and officials from Edison Chouest Offshore, an offshore

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1070 sec (9 req/sec)