China: Winland Ocean Shipping Receives New Addition in its Fleet

Winland Ocean Shipping Corp, a global shipping Company, today took delivery of the company’s first new 57,000 DWT bulk carrier named “Fon Tai” . The Chairman and management executives of the Company attended the ship christening ceremony at the shipyard.

“Fon Tai” was constructed by Jiangsu New Hantong Ship Heavy Industry Co., Ltd. As a 57,000 DWT bulk carrier vessel, it is considered to be the most flexible and economic in the ship market. To be more convenient for transport around China and the world, “vessel’s port of registry and flag is Hong Kong. It was registered in Nippon Kaiji Kyokai​ (ClassNK), which is one of the top ten ship classification societies in the world.

Ms. Xue Ying, CEO said, “With the delivery and operation of ‘Fon Tai’, it will help the company to expand its capacity and optimize the fleet structure. It will also enable the company to ship various cargo and provide broader services to our customers.”

“The construction contract of building ‘Fon Tai’ was made when the shipbuilding market was floppy. From the current ship market point of view, the expansion strategy adopted in the depressed ship market is right,” said the Chairman and President of the Company Mr. Li Honglin. He added, “We will continue to carry out this strategy and enhance the company’s capacity, we would not rule out making additional vessel acquisitions in the near future.”

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World Maritime News Staff, December 2, 2011; Image: cnhtship