Sinopacific Lands Order for Four Next Generation Bulkers

Sinopacific Shipbuilding Group has won a contract from Shandong Bohi Industry Co., Ltd. (Bohi Industry) to build 2+2 CROWN MHI 82 bulk carriers.

This next-generation 82,000 DWT bulker series will be built at Sinopacific’s Yangzhou Dayang Shipbuilding Co., Ltd., under NK Class and will be delivered starting from the second half of 2016.

Bohi Industry is a Chinese enterprise focusing on cereal & oil trading and processing. Previously, the company’s new building contracts were mostly signed with Japanese shipyards.

However, this time, after carrying out extensive due diligence on competing ship designs and yards, Bohi selected Sinopacific and the CROWN MHI 82, due to the many advantages of the design as well the shipyard’s proven record for construction and deliveries.

All the vessels in this order are of the most optimized version of the CROWN MHI 82 design; this design’s launching and its continuous optimization represent a significant addition to the range of vessels in the CROWN brand and further strengthen Sinopacific’s brand image as a dedicated technology driven enterprise.

Mr JIANG Qiang, Co-CEO of Sinopacific, commented that “As a shipbuilder focusing on technical prowess and innovation, we have always maintained an open mindset for working together with ship owners to create a winning partnership. In the future, we aim to continue improving both the quality and the service standards of the CROWN bulker series so as to provide an optimised product experience to our customers.”

Initial R&Ｄ for the CROWN MHI 82 actually kicked off as early as the end of 2009, and later, in the second half of 2012, in partnership with Mitsubishi Heavy Industries, Ltd. (MHI), the final optimization of this joint design was carried out.

The CROWN MHI 82 specifications have reached international first class standards, with fuel consumption at about 26.6 tons per day. The first order for the CROWN MHI 82 was secured in May 2013 and prior to this new contract, the order book already stood at 10+4 vessels.

As of today, additional new projects are still under negotiation.

[mappress]
March 12, 2014