Sinopacific Secures Order for 4+2 Bulkers

Sunday, October 09, 2011

Sinopacific Shipbuilding Group, Leading the Supramax Bulk Carrier Market, Secures Order for 4+2 Crown 63 Ships.


Sinopacific Shipbuilding Group secured an order for 4+2 Crown 63 (63,500 DWT) Supramax bulk carriers from a foreign ship owner on October 8. The Crown 63 is a new generation bulk carrier which is self designed by Sinopacific Shipbuilding Group. This ship became the focus of attention from around the shipping world as soon as it was introduced on the market, and many orders were quickly received for it. The Sinopacific Shipbuilding Group held a shipbuilding order signing ceremony especially for this occasion, which was attended by Group Chairman and CEO Simon Liang, representatives of the ship owner, Industrial and Commercial Bank of China Yangzhou Branch Vice-President Tao Cheng, Agricultural Bank of China Yangzhou Branch Vice-President Zhu Bingzhong, and Bureau Veritas Senior Vice-President Didier Bouttier.

 

In the post-financial crisis era, competition in the shipbuilding industry has become increasingly intense, and ship owners with interest in purchasing ships are clearly favoring products that offer more economical operations. With perfect timing, Sinopacific Shipbuilding Group has come out with a ship—the Crown 63, which is the most competitive product in the Supramax bulk carriers. This ship has reliable safety that meets the latest international regulations. It also provides excellent comprehensive performance in the three areas of deadweight tonnage, fuel consumption, and service speed. This ship’s EEDI parameters easily meet the standards of the International Maritime Organization (IMO), and its design anticipatively conforms to the latest requirements for environmental protection.

 

The Group’s Dayang Shipbuilding Co., Ltd. has successfully delivered fifty-two Crown 58 bulk carriers to date, and that ship’s operations-friendly design and solid construction quality have won it widespread praise and recognition in the market. The Group has always worked hard to improve on its past success and to boldly pursue innovation, which is reflected in the development of the Crown 63, the upgrade from the Crown 58. All the performance indicators of the Crown 63 have been further optimized, so while guaranteeing an operating speed that is equivalent to the Crown 58, the Crown 63 also provides 9% more deadweight tonnage and 13% less fuel consumption. Its exhaust emissions have been greatly reduced, and it also provides ship owners with greater competitiveness in many areas.

 

Because of these advantages, orders for 30 ships were received for the Crown 63 as soon as it was introduced on the market, of which 14 orders were for the year 2011, making up about 20% of the total global orders for Supramax ships this year. Sinopacific Shipbuilding Group Chairman Simon Liang stated: “Sinopacific Shipbuilding Group will continue to persist in its strategy of relying on the innovation of business models and advanced technology to maintain its leadership position in this niche market of shipbuilding.”
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

OSI to Integrate Software for UK Royal Navy

OSI Maritime Systems (OSI) announced the signing of a contract to integrate its flagship software, ECPINS-W Sub, into the U.K. Royal Navy’s T45 Destroyer Integrated Bridge System (IBS).

HHI to Deploy 3DEXPERIENCE Design Platform

Hyundai Heavy Industries Selects Marine & Offshore Industry Solution Experiences for Design and Engineering of Offshore Structures Dassault Systèmes, the 3DEXPERIENCE Company,

Canadian Icebreaker Refit Contracts Awarded

The Canadian Government informs it has awarded a $6.5 million contract to Babcock Canada Inc. for critical refit work for Canadian Coast Guard ship 'CCGS Louis S.

Shipbuilding

Reps. Byrne and Palazzo Visit Ingalls Shipbuilding

Reps. Bradley Byrne, R-Ala., and Steven Palazzo, R-Miss., visited Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division Wednesday. The congressmen,

Damen Opens JV Yard in Vietnam

On March 20, 2014, Vietnamese Minister of Transport Nguyen Hong Truong, cut the ribbon for the latest addition to Damen Shipyard Group’s portfolio. Damen Song Cam is a new yard,

HHI to Deploy 3DEXPERIENCE Design Platform

Hyundai Heavy Industries Selects Marine & Offshore Industry Solution Experiences for Design and Engineering of Offshore Structures Dassault Systèmes, the 3DEXPERIENCE Company,

Bulk Carrier Trends

Court: Japan's Mitsui Paid to Release Ship

China Supreme Court says Mitsui pays about $29 mln; Ship released about 0030 GMT Thursday. Ship was seized over dispute dating back to 1930s. Advisor to plaintiffs says will likely demand more money.

CMM Takes Delivery of Damen PSV for Brazil

New supplier CMM Gravity to start on long-term contract with Petrobras. CMM has taken delivery of a Damen Platform Supply Vessel 3300. The 80-meter, 3,300t deadweight

China's Seizure of Japanese Ship has Pre-WWII Roots

It all began with a pre-World War II contract between China's then "ship king" and a Japanese company to lease two Chinese freighters. When the one-year lease was up in 1937,

Ship Sales

Brokers Marcon Conclude Ocean Deck Barge Sale

Marcon International, Inc. of Coupeville, Washington says that Pacific Coast Maritime, Inc., Seattle, Washington, a subsidiary of Harley Marine Services, Seattle,

Kvichak-built Hovercraft for Sale

The 95’ BHT-150 hovercraft SUNAX, built by Kvichak Marine Industries and owned and operated by Aleutians East Borough, is for sale through public competitive bid.

Litigation Can Cost Shipbrokers an Arm & a Leg

A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts,

 
 
Maritime Contracts Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1472 sec (7 req/sec)