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Huangpu Wenchong seals deal to build eco-friendly bulker

China’s CSSC Huangpu Wenchong Shipbuilding has been awarded an order to build one 38,800-dwt dry bulk carrier for its associate firm CSSC (Hong Kong) Shipping Company, reports said.

Lee Hong Liang, Asia Correspondent

January 21, 2016

1 Min Read
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The eco-friendly bulk carrier is scheduled to be delivered from the shipyard by end-2017. Financial details of the deal were not disclosed.

Huangpu Wenchong said that amid the depressed state of the dry bulk shipping market, bulker operators would be selective and choose only to build energy efficient and environmentally friendly ships such as the yard’s eco-friendly 38,800 dwt bulkers, local media reported.

Huangpu Wenchong’s latest order win followed an earlier deal on 30 December 2015 with a domestic shipowner to construct one 17,000 dwt asphalt tanker.

As part of a rationalisation and restructuring plan by CSSC (China State Shipbuilding Corporation), Huangpu Wenchong was last year incorporated as part of another subsidiary of CSSC, CSSC Offshore & Marine Engineering (Group) Company (Comec).

Read more about:

dry bulk shippingCSSC

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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