October 07, 2008

CSC orders for 32 Capesize vessels

It is reported that China Shipbuilding Industry Corporation and China Classification Society signed verification agreement of 180,000 tonnes of bulk cargos in Beijing on April 16th 2008. Among 46 bulk cargos orders with 180,000 tonnes in China 32 ships, will enter CCS.

As per report 180,000 tonnes of bulk carrier which will be built in Dalian Shipping Industry Company and Qingdao Beihai Shipbuilding Heavy Industry Company met the new standards of IACS and CCS. It will attract large amount of orders when it is finished. At present, many shipbuilding companies choose this ship such as Hebei Ocean Shipping Company, Hong Kong Ming WAH Shipping Company and Zhejiang Ocean Shipping Company etc.

Mr Li Kejun president of CCS said bulk carrier demand increased as China to become the world’s largest iron ore import and export country in recent years. Bulk cargos with 180,000 tonnes posses the strong market competitiveness capable of adapting and protecting the environment. In addition, according to the ship ocean trade international practices, the boat load should be 160,000 tonnes + or – 10%, 180,000 tonnes load is the most ideal.

It is learned that the shipbuilding period will last to 2011 from this year, but will put into operation after 10 years.