Sinopacific Pens Four Super Fuel-Efficient ‘Crown 63’ BCs

Sinopacific Shipbuilding Group and Marine Capital Ltd (MCL) yesterday announced their agreement for the construction of four ‘Crown 63’ bulkers to be built at Yangzhou Dayang Shipyard, China.

The deal, worth over $100 million, marks another significant step for MCL in its management activity. It is understood the bulkers, a new model of super fuel-efficient ships with the added advantage of significant reduction in CO2 emissions, are destined for MCL’s vehicle, Eclipse Shipping, and will be operated by MCL in the open market.

Deliveries for the 4 ships will commence during the second half of 2014 and continue into the first quarter of 2015.

The Crown 63 series, designed for the transportation of a range of major bulk cargoes including coal, iron ore, grains, and cement, as well as heavy cargos such as steel pipes and products, represents a major step forward in ship design. The ships offer increased deadweight combined with significant fuel efficiency and time-saving cargo operation.

[mappress]

Press Release, June 21, 2013