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 Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

CFE to Lift Eight LNG Cargoes

Mexican state-owned utility CFE has bought eight cargoes of liquefied natural gas (LNG), four traders said. Swiss trading house Trafigura was awarded the bulk of the volume,

‘Maritime Spectrum’ of CMMI a Big Draw

For The Company of Master Mariners of India, the conference “Maritime Spectrum” that comes at the turn of each year has become a brand in itself, and each one

ms Veendam Rescues Pilot Off Maui Coast, Hawaii

On Sunday, Jan. 25, 2015, at 5:21 p.m. local time while en route to Lahaina, Hawaii, Holland America Line’s ms Veendam answered a request for assistance from

Contracts

CFE to Lift Eight LNG Cargoes

Mexican state-owned utility CFE has bought eight cargoes of liquefied natural gas (LNG), four traders said. Swiss trading house Trafigura was awarded the bulk of the volume,

InterMoor Completes Juniper Mooring Installation Contract

InterMoor has completed a mooring and foundation installation campaign for bpTT’s Juniper gas project offshore Trinidad and Tobago, reportedly the largest foundation

Huisman Cranes for New Maersk Subsea Support Vessels

In December 2014, Huisman secured a contract from COSCO (Dalian) Shipyard for the delivery of four customized 400mt Rope Luffing Knuckle Boom Cranes and two 100mt

Shipbuilding

Huisman Cranes for New Maersk Subsea Support Vessels

In December 2014, Huisman secured a contract from COSCO (Dalian) Shipyard for the delivery of four customized 400mt Rope Luffing Knuckle Boom Cranes and two 100mt

Coast Guard Cutter William Trump Commissioned

The Coast Guard Cutter William Trump was commissioned during a ceremony at Coast Guard Sector Key West Saturday Jan. 24, 2015. The Trump is the 11th fast response cutter in the Coast Guard fleet.

World's Largest Ship Sparks Outrage

Jewish groups in the Netherlands and Britain have reacted with rage and despair at the arrival in Rotterdam of the world's biggest ship, the Pieter Schelte, named

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2669 sec (4 req/sec)