Graig China Inks Supervision Contract for Nine 76.000 DWT Panamax Vessels

On the 9th November Graig China Limited was awarded a nine 76,000 dwt newbuilding Supervision Contract with CMG Shipping Limited in China. Those nine Panamax newbuildings are all contracted by Jiangsu Rongsheng Heavy Industries Co Ltd, but will be built at its sub-contracted shipyards located in five different locations in China.

This is the same design vessel as Minsheng Financial Leasing’s series of eighteen Panamax newbuildings which are under GCL’s supervision at Rongsheng Shipyard. Another reason that Graig (China) was selected was that the Owner had taken over a Capesize vessel, previously built for Kiran Shipping in Rongshen Shipyard, and were impressed with the quality of the build and fit out.

Rongsheng is a leading large-scale heavy industry enterprise group. It possesses of two manufacturing bases of shipbuilding and offshore engineering in Nantong of Jiangsu Province and diesel engine in Hefei of Anhui Province both approved by NDRC, covering wide services ranging from shipbuilding, offshore engineering, power engineering, engineering machinery and etc.

The Graig Group is a broad-based international shipowning and shipping services group delivering technical and commercial ship management, newbuilding supervision, expert consultancy, dry-dock management, ship inspections, lay-up services, ship design, ship owning and ship finance to global clients who appreciate personal service.

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Source: graig, November 11, 2011