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CSSC wins 31 newbuilding contracts worth $1.3bn in Q1

China State Shipbuilding Corporation (CSSC) has inked 31 newbuilding orders with a total contract value of RMB9.4bn ($1.3bn) during the first quarter.

Katherine Si, China Correspondent

April 24, 2020

1 Min Read

Kalyakan - stock.adobe.com

The 31 newbuilding orders include 98,000 c m LNG carrier and 80,000 c m LNG carrier contracts from Jiangnan Shipyard and Hudong-Zhonghua Shipbuilding; 307,000 dwt, 158,000 dwt and 114,000 dwt oil tanker contracts from Dalian Shipbuilding Industry, Waigaoqiao Shipbuilding and Guangzhou International Shipbuilding.

Among the 31 contracts, 25 of them are commercial ships, totaling in RMB7.33bn.

In the first quarter of this year, CSSC has delivered 33 vessels and offshore engineering products.

About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

See more from Katherine Si

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