Zhongxing Engineering to Build Two Oil Tanker Superstructures

Recently, Zhongxing Sea-Land Engineering Ltd, a fully owned subsidiary of the COSCO Shipyard Group, entered into a contract with Guangzhou Shipyard International Company (GSI) to build a pair of 115,000-dwt oil tanker superstructures, as well as an LOI (letter of intent) to build two more superstructures for a pair of 308,000-dwt very large crude carriers (VLCCs).

This is the first product tanker superstructures Zhongxing Sea-Land has undertaken to build, as well as the largest in tonnage, which marks a new record for Zhongxing Sea-Land in the superstructure construction business.

Guangzhou Shipyard International is the biggest oil tanker builder in southern China. Hopefully the order will serve as a good beginning for the cooperation between GSI and Zhongxing Sea-Land. The two superstructures are scheduled to be delivered by the end of 2013.

[mappress]
Press Release, August 23, 2013