Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Sinopacific celebrates end of a billion dollar year

Ningbo: Sinopacific Shipbuilding Group, which describes itself as China's leading private shipbuilding company, reports a banner year for 2010. By the end of November it had delivered 54 vessels totalling 1.8m dwt in 2010, with a backlog of 4.2m dwt worth of orders still in the pipeline.

A highlight of Sinopacific's year was signing a frame agreement with Bourbon in June worth $1bn for building 62 offshore vessels, which is the largest ship building order placed in China since the global financial crisis in September 2008. The company has two shipyards - Zhejiang Shipbuilding Co., Ltd and Yangzhou Dayang Shipbuilding Co., Ltd.  [24/12/10] 

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish