China: CNCo Orders Four Additional Eco Handysize Bulkers

On 22nd March The China Navigation Company Pte Ltd (“CNCo”) confirmed an order for four additional 39,500dwt B.Delta37 handysize bulk carriers to be built at Chengxi Shipyard in China.

This latest order brings the total number of Deltamarin designed vessels ordered by CNCo to twelve. The first vessel is scheduled for delivery in January 2014. CNCo is holding additional options declarable in 2013.

This order represents another significant commitment by the Company in the energy efficient B.Delta37 design which offers lower fuel consumption, additional cargo deadweight and greater cargo cubic capacity in comparison to existing designs. The vessels will be deployed in CNCo’s drybulk division, Swire Bulk, and will operate on a worldwide basis.

The vessels feature five double skin cargo holds and are designed to carry bulk cargoes, grain, coal, concentrates, logs, heavy general cargo, steel coils, steel slabs and a wide variety of heavy project cargoes. The tank tops are specifically strengthened for heavy cargoes and all holds have double skin hydraulic folding hatch covers and forced draft fans for cargo care. Four electric deck cranes are mounted on the centerline, each rated at 30 tons at maximum outreach of 26m. All cranes can be combined for a maximum lift of 60 tons.

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Swire Shipping, March 26, 2013