China Shipbuilder Wins Capesize Bulker Contracts

Shanghai Waigaoqiao Shipbuilding, a CSSC-affiliated shipyard, contracted to build two180,000 dwt bulk ships.

The contract with undisclosed European owners has the option for a further four vessels to be delivered if required.

The vessels will adopt Waigaoqiao’s newly developed sixth generation design for 180,000dwt capesizes which will reduce oil consumption by 20% and improve transport capacity by 30% compared to its previous design.

Waigaoqiao is a leading major capesize builder and it has been the largest bulker export shipyard in China for a number of years.

Source: Sinoship News