On October 14, New Dayang Shipyard under SUMEC Group Corporation (SUMEC) held a grand naming ceremony for a 3.0 version Crown 63 bulk carrier built for U-Ming Marine.
On the same day, based on the good cooperation between the two sides and the excellent performance of the vessel, U-Ming Marine and New Dayang Shipyard renewed the contract for four 3.0 version Crown 63 bulk carriers.
This new order makes the total orders for New Dayang Shipyard’s 3.0 version Crown 63 new bulk carriers more than 100, reaching 103, while the total number of orders for all three generations of Crown 63 bulk carriers also reached 197, once again demonstrating the excellent quality and excellent reputation of the “Crown” brand.
U-Ming Marine Transport Corporation, a subsidiary of the Far Eastern Group and one of its nine publicly listed companies. It was established in 1984 to provide marine transportation of cement, dry commodities and industrial raw materials, specializing in the trading of vessels and agency services.
U-Ming owns and operates a total of 72 vessels with total 8.77 million DWT, including 6 vessels currently under construction. This is in line with the company’s policy in maintaining young and efficient fleets.
These 3.0 version Crown 63 new bulk carriers uphold U-Ming’s commitment to energy efficiency and environmental protection, exceeding the Phase 3 requirements of the International Maritime Organization’s (IMO) Energy Efficiency Design Index (EEDI). Additionally, they are equipped with U-Ming’s Fleet Safety Management (FSM) system, which uses IoT technology to synchronize operational and meteorological data back to the company’s onshore center for analysis and monitoring, further improving energy efficiency, reducing failure rates, and increasing operational efficiency. This system has received SMARTShip Notation certifications from various classification societies, including Japan’s NK, Norway’s DNV, Taiwan’s CR, and France’s BV, and has also won the Maritime Safety Award from the Maritime and Port Authority of Singapore.
In response to the International Maritime Organization’s (IMO) 2050 net-zero greenhouse gas (GHG) emissions target, U-Ming is pushing for an environmental transformation of its fleet as part of its fleet renewal program. The inclusion of new eco-friendly ships replaces older, less efficient vessels, not only reducing carbon emissions but also improving operational efficiency.
Furthermore, U-Ming continues to research and develop sustainable fuel alternatives to ensure greener and more environmentally friendly operations. Currently, 94% of U-Ming’s fleet tonnage consists of eco-friendly ships, significantly higher than the market average of 37%, and the fleet’s average age is 6.4 years, much younger than the bulk carrier market average of 12.2 years. Environmental friendliness and youthfulness are two major competitive advantages of U-Ming’s fleet.
