Search results for: Mingde Heavy

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  • 9 July 2015
    Business & Finance

    The receiver of bankrupt Nantong Mingde Heavy Industry believes that financial troubles engulfing Shenzhen-listed shipbuilder Sainty Marine are too grave to include the company in Migde’s restructuring plan, stripping it from the qualification to take over the yard as initially planned. The decision was based on the fact that the potential inclusion of Sainty Marine in the restructuring […]

  • 9 July 2015
    Business & Finance

    The receiver of bankrupt Nantong Mingde Heavy Industry believes that financial troubles engulfing Shenzhen-listed shipbuilder Sainty Marine are too grave to include the company in Migde’s restructuring plan, stripping it from the qualification to take over the yard as initially planned. The decision was based on the fact that the potential inclusion of Sainty Marine in the restructuring […]

  • 5 September 2012

    Nantong Mingde Heavy Industry carried out sea trial for 4,300 unit PCTC(MD087). The vessel successfully completed its sea trials and returned to the shipyard. The Naming Ceremony for Viking Ocean was held on August 10. in Nantong city. Nantong Mingde Heavy Industry Group was established in October 2004. It is a fast-grow up private enterprise […]

  • 3 August 2015
    Business & Finance

    Tongzhou District People’s Court in Nantong officially declared Nantong Mingde Heavy Industry bankrupt on July 31, ending all hopes of restructuring at this financially troubled shipbuilding subsidiary of Jiangsu Sainty Marine Corporation. The court said that Mingde’s request to extend the period for submission of the restructuring plan was denied, after the shipbuilder missed the […]

  • 4 March 2014
    Business & Finance

    Nantong Mingde Heavy Industry has delivered the second woodchip carrier, the XINHUI EXPRESS to Nova Shipping & Logistics of Singapore. Compared with other similar bulk ships, the XINHUI EXPRESS possesses the characteristics of large capacity, high efficiency, environmental friendliness and energy saving. Main dimensions: Total length 199.80m; moulded breadth 32.20m; moulded depth 16.30m; design draft […]

  • 20 June 2013
    Business & Finance

    Mingde Heavy Industry has launched the biggest stainless steel chemical tanker ever built in Asia. The length of this vessel is 183m, with 28.4m width, 15.2m depth and 10m draft, powered by single propeller, low speed diesel engine for unrestricted navigation, with dead weight of 30,000T. The cargo area is divided into 28 cargo tanks. […]

  • 21 July 2016
    Business & Finance

    The London, UK Arbitration Tribunal hearing a contract dispute involving a fourth and final shipbuilding contract between Algoma Central Corporation and China’s Nantong Mingde Heavy Industries has found in favor of the Canadian dry and liquid bulk carrier operator. The company entered into contracts in 2010 to build six Equinox Class bulk freighters to replace aging […]

  • 3 August 2015
    Business & Finance

    Tongzhou District People’s Court in Nantong officially declared Nantong Mingde Heavy Industry bankrupt on July 31, ending all hopes of restructuring at this financially troubled shipbuilding subsidiary of Jiangsu Sainty Marine Corporation. The court said that Mingde’s request to extend the period for submission of the restructuring plan was denied, after the shipbuilder missed the […]

  • 14 January 2014
    Business & Finance

    One of the biggest chemical tankers ever built by Mingde Heavy Industry, the ‘JO LOTUS’ was delivered on January 6th 2014. The vessel, belonging to Jo Tankers AS, is a 30,000 DWT Stainless Steel Chemical Tanker with IMOI/II/III notation. The length of this vessel is 183 m, covering a 28.4 m width, 15.2 m depth […]

  • 7 September 2012
    Business & Finance

    Today, 4300 Unit PCTC (MD087) Car Carrier, built by Nantong Mingde Heavy Industry Stock Co. Ltd for Gram Car Carrier, has successfully returned after sea trials and berthed alongside COSCO steel structure dock. All trials under the elaborate plan of the project team proceeded smoothly for just 55 hours, making it the most successful sea […]

  • 10 October 2013

    Nantong Mingde Heavy, a fast-growing private-owned enterprise, has signed a new contract under which the yard will build seven eco-friendly 24,000 dwt stainless steel chemical tankers for a European shipowner. This is the first big deal for high-value added ships signed by any Nantong-based shipyard, with the exception of NACKS, since the financial crisis, SinoShip reports citing […]

  • 23 October 2013
    Business & Finance

    Mingde Heavy Industry, on Oct. 21st, carried out the launching ceremony for Singapore-based Nova Shipping & Logistics’ second wood chip carrier, the XINHUI EXPRESS (Yard No. MD146). The vessel features 51,800 tons of Gross tonnage and a DWT of 69,300 tons. Compared with other similar bulk ships, the ‘XINHUI EXPRESS’ possesses the characteristics of large capacity, […]

  • 17 February 2016

    Boa Offshore, a provider of offshore services for the oil and has industry, has been repaid a full amount of the advance payments for the cancelled offshore vessel order in China. To remind, Boa PSV, a subsidiary of Boa Offshore, in May 2013 signed a contract with Nantong Mingde Heavy Industry in China for two multi-purpose support vessels, but […]

  • 23 October 2013

    Mingde Heavy Industry, on Oct. 21st, carried out the launching ceremony for Singapore-based Nova Shipping & Logistics’ second wood chip carrier, the XINHUI EXPRESS (Yard No. MD146). The vessel features 51,800 tons of Gross tonnage and a DWT of 69,300 tons. Compared with other similar bulk ships, the ‘XINHUI EXPRESS’ possesses the characteristics of large capacity, […]

  • 27 July 2012
    Project & Tenders

    Nantong Mingde Heavy Industry said it has signed on Monday a Strategic Cooperation Agreement with US Cambridge Energy Group for cooperation and development in the field of both construction and logistics of LNG carriers. “This is another new challenge to Mingde in high-end ships after PCTC, Stainless Steel Chemical Tankers and Offshore platform supply vessels,” […]

  • 27 July 2012

    The signing ceremony of Strategic Cooperation Agreement between Nantong Mingde Heavy Industry Group and US Cambridge Energy Group was held in Nantong Prince Hotel on July 23rd 2012. LNG Carrier, which is internationally recognized as a high-tech, sophisticated and high value-added product, has been imaged as one of the two “Pearls on the Crown” in […]

  • 23 August 2012

    Nantong Mingde Heavy Industry, on August 16th 2012, held the keel-laying ceremony for new Wood Chip Carrier that will bear the yard mark MD146. Main dimension: Total length 199.80m ; moulded breadth 32.20m; moulded depth 16.30m; design draft 11.00m; scantling draft 11.90m; service speed 16.3kn Main engine: WARSILA SUKER 6RT-FLEX 58T-D marine diesel engine Class […]

  • 7 September 2012

    Today, 4300 Unit PCTC (MD087) Car Carrier, built by Nantong Mingde Heavy Industry Stock Co. Ltd for Gram Car Carrier, has successfully returned after sea trials and berthed alongside COSCO steel structure dock. All trials under the elaborate plan of the project team proceeded smoothly for just 55 hours, making it the most successful sea […]

  • 27 July 2012
    Business & Finance

    The signing ceremony of Strategic Cooperation Agreement between Nantong Mingde Heavy Industry Group and US Cambridge Energy Group was held in Nantong Prince Hotel on July 23rd 2012. LNG Carrier, which is internationally recognized as a high-tech, sophisticated and high value-added product, has been imaged as one of the two “Pearls on the Crown” in […]

  • 13 January 2014

    One of the biggest chemical tankers ever built by Mingde Heavy Industry, the ‘JO LOTUS’ was delivered on January 6th 2014. The vessel, belonging to Jo Tankers AS, is a 30,000 DWT Stainless Steel Chemical Tanker with IMOI/II/III notation. The length of this vessel is 183 m, covering a 28.4 m width, 15.2 m depth […]

  • 27 December 2013

    Nantong Mingde Heavy Industry launched another 31,200 DWT Equinox Class Gearless Bulk Carrier (Hull No.MD150-GB-02) for Algoma Central Corporation on December 25th 2013. The newbuild, belonging to the Equinox Class, represents the next generation of Great Lakes – St. Lawrence Waterway bulk cargo vessels. The ships have been specially designed to optimize fuel efficiency and […]

  • 26 September 2013
    Business & Finance

    The biggest stainless steel chemical tanker ever built by Mingde Heavy Industry was named successfully on the afternoon of September 25th 2013. Godmother Mrs. Aas named the new ship as “JO LOTUS”. Mr. Ji Fenghua, the Chairman of Mingde Group, and Mr. Odfjell, the owner of Jo Tankers AS, gave their speeches at the ceremony. […]