China: CNCo Confirms Order for Four Vessels from Ouhua

On 11 th October, The China Navigation Company (“CNCo”) confirmed an order for four additional 39,000dwt B.Delta37 handysize bulk carriers to be built at Zhejiang Ouhua Shipbuilding Co., Ltd. (Ouhua), Zhoushan, China.

This latest order brings the total number of Deltamarin designed vessels ordered by CNCo to twenty including sixteen orders already placed at Chengxi Shipyard.

This order represents the continuation of the successful collaboration between CNCo and Ouhua on several newbuilding projects including 8 x 31,000dwt “S Class” multipurpose vessels (delivery 2013/2014) and 4 x 22,000dwt “Chief Class” multipurpose vessels (delivery 2015).

Ouhua has already successfully delivered 4 of the “S Class” multipurpose vessels to Swire Shipping, CNCo’s liner shipping division. The vessels in service are proving to be of high quality, demonstrating the shipbuilding capabilities of Ouhua. Tim Blackburn, China Navigation’s Managing Director commented “CNCo is very pleased to be strengthening our partnership with Ouhua and we look forward to collaborating again on the B.Delta37 project.”

This order follows the successful completion of the sea trials for MV Wuchang on 29th September which was the first sea trial for Deltamarin’s innovative B.Delta37 eco handysize design. All 20 vessels will be deployed in CNCo’s dry bulk  division, Swire Bulk, and will operate on a worldwide basis.

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CNCo, October 17, 2013