Zhoushan Facility News

Progress in Brazil Repair Yard Project

The Brasil Basin Drydock Company (BBDC), a joint venture of McQuilling Services and Promon Engenharia, is setting up an industrial facility that will drydock and repair seagoing merchant vessels up to the largest merchant ships in the world.McQuilling announced the signing of a Protocol of Intention with the government of the state of Paraíba, Brazil, along with Chinese ship repair yard IMC YY.David Saginaw, Commercial Director for McQuilling Services, signed the Protocol on behalf shareholders of the Brasil Basin Drydock Company (BBDC). Governor João Azevedo signed on behalf of the government and Chen Yong, President of IMC YY ship repair yard in Zhoushan, China, signed on behalf of the yard.

Latest Bulk Carrier, Tankship, Newbuilding Order Round-up

Starting with the larger sizes Hyundai Merchant Marine (HMM) are understood by Clarkson Hellas to have placed an order for two firm 210,000 dwt Newcastlemax at Bohai, with delivery of both vessels due in early 2017. The majority of ordering this week has been focussed on the Kamsarmax market; Weihai Samjin (Korean owned yard with facility based in China) has taken two separate orders for 82,000 dwt Kamsarmax from NK Shipping for four firm plus two options, and two further firm vessels from another Korean buyer, although yet unknown.