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CITC Financial Leasing orders ten bulk carriers from DSIC

Photo: CITC/CSSC CITC signing with DSIC
Chinese financial service provider, CITC Financial Leasing, has placed an order at Dalian Shipbuilding Industry (DSIC) for the construction of 10 bulk carriers.

The contract is for 65,000 dwt vessels with a new generation design independently developed by Shanghai Ship Research and Design Institute.

They will be equipped with energy-saving ducts and other devices. The nautical mile fuel consumption of the vessel will be significantly improved comparing with similar type of ships. The energy efficiency index is 25% lower than the Chinese domestic baseline.

Upon delivery, the vessels will be charted to a domestic shipping company, servicing for national energy resources transportation among domestic coastal areas and Yangtze river region.