CITC Financial Leasing orders ten bulk carriers from DSIC

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.