CSSC Reveals 36-Strong Deals Galore

China State Shipbuilding Corporation (CSSC) has secured 36 newbuilding contracts worth over RMB 10 billion (USD 1.48 bn), China Association of the National Shipbuilding Industry (CANSI) said.

The deals, spread across several yards, would be financed by CSSC’s leasing arm, CSSC (Hong Kong) Shipping Company.

The construction contracts were signed on January 28 and cover various ship types.

The contracts include four LNG carriers, two firm plus two optional newbuilds ordered by Mitsui OSK Lines, followed by eight 13,000 multi-purpose heave lift vessels, six of which would be built for Zeamarine, four at Hudong Zhonghua Shipbuilding and two at HuangPu Wenchong Shipbuilding.

Pangaea has ordered two 95,000 ton-class bulk carriers at Guangzhou Shipyard International and has an option to book two additional ships.

CSSC (Hong Kong) Shipping Company has placed an order for two firm plus two optional 300,000 dwt VLCCs at Shanghai Waigaoqiao Shipbuilding.

Furthermore, twenty feeder containerships have been ordered at Jiangnan Shipyard, Huangpu Wenchong Shipbuilding and Chengxi Shipyard.

In addition, a letter of intent has been signed for four 95,000 dwt bulk carriers and seagoing fishing vessels.

World Maritime News Staff