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China Navigation Orders Four More Eco Handysize Bulkcarriers

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China Navigation Orders Four More Eco Handysize Bulkcarriers MEDIA RELEASE 11th October 2013 CHINA NAVIGATION ORDERS 4 MORE ECO HANDYSIZE BULKCARRIERS On 30th September, following the successful seatrial of the first 39,000dwt B.Delta37, MV Wuchang, The China Navigation Company Pte Ltd (“CNCo”) confirmed an order for four additional 39,000dwt B.Delta37 handysize bulkcarriers to be built at Chengxi Shipyard in China. This latest order brings the total number of Deltamarin designed vessels ordered by CNCo to sixteen. MV Wuchang will deliver from Chengxi at the end of October. The order follows the completion of the seatrial of MV Wuchang, on 29th September, which was the first seatrial for Deltamarin’s innovative B.Delta37 eco handysize design. The excellent sea going performance of the vessel is testament to the successful collaboration between Deltamarin, Chengxi Shipyard, and CNCo. The seatrial validated the design’s specification and confirms the B.Delta37 as the most energy efficient handysize bulkcarrier available. Furthermore, the performance of the vessel is testament to the quality of Chengxi Shipyards’s newbuilding capabilities, and underlines its growing reputation as the leading Chinese yard for handysize and ultramax newbuildings. This order represents another significant commitment by the Company to Deltamarin’s energy efficient B.Delta37 design which offers lower fuel consumption, additional cargo deadweight and greater cargo cubic capacity in comparison to existing designs. The vessels will be deployed in CNCo’s drybulk division, Swire Bulk, and will operate on a worldwide basis. The vessels feature five double skin cargo holds and are designed to carry bulk cargoes, grain, coal, concentrates, logs, heavy general cargo, steel coils, steel slabs and a wide variety of heavy project cargoes. The tanktops are specifically strengthened for heavy cargoes and all holds have The China Navigation Co.Pte.Ltd 300 Beach Road #27-01 The Concourse Singapore 199555 Tel (65) 6603 9400 Fax (65) 6603 9401 www.chinanav.com double skin hydraulic folding hatch covers and forced draft fans for cargo care. Four electric deck cranes are mounted on the centerline, each rated at 36 tons at maximum outreach of 26m. For further information please contact Lydia Pavlova, Sustainability and Communications Manager ([email protected]) or visit www.chinanav.com About CNCo: The China Navigation Company (CNCo) is the wholly owned, deep-sea shipowning and operating arm of the multi-national Swire group. CNCo was founded in 1872 in Shanghai and started its operations trading on China’s Yangtze river. Since then the company has expanded globally while its primary operational focus remains in the Asia-Pacific region. The Company operates a global network of multi-purpose liner services for the transportation of containerised, breakbulk, heavylift and project cargoes in addition to providing drybulk and bulk logistics services. About Swire Bulk CNCo’s new handysize bulk division, Swire Bulk, will run a balanced fleet of owned and chartered tonnage with an initial focus on Asia Pacific and plans to develop worldwide. The company aims to create value from the competitive advantage which modern, fuel efficient ship design affords. About Chengxi Shipyard: Chengxi Shipyard Co., Ltd. is a wholly-owned subsidiary of China CSSC Holdings Limited. Chengxi Shipyard was established in 1973 and is located in the Yangtze Delta, Jiangyin city, Jiangsu province. About Deltamarin: With over 20 years of experience Deltamarin provides consulting, design and engineering services both to the marine and offshore industries worldwide. The services cover the entire field of engineering from feasibility studies up to complete construction engineering packages and operation support. The group employs around 300 designers in Finland, Poland, China and Brazil. Deltamarin is a subsidiary to AVIC International Maritime Holdings Limited. For more information visit: www.deltamarin.com The China Navigation Co.Pte.Ltd 300 Beach Road #27-01 The Concourse Singapore 199555 Tel (65) 6603 9400 Fax (65) 6603 9401 www.chinanav.com .
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