Recently, Shanghai Marine Diesel Engine Research institute (SMDERI) announced that it had won the bid for the shaft generator system of two 210,000 DWT bulk carriers built for the Greek shipowner Capital, Jiangsu Jiangsu New Rongsheng Heavy Industry Co., Ltd. This means that Rongsheng Heavy Industries, which once went bankrupt, has changed its name and officially restarted.
As early as the end of October this year, MB Shipbroker (formerly Maersk Brokerage) reported that Swiss shipping giant Mediterranean Shipping Company (MSC) and Rongsheng Heavy Industries signed a contract to build 8+4 11,500TEU dual-fuel LNG-powered container ships.
Ship brokers pointed out that the current construction cost of this type of LNG dual-fuel container ship is about US$170 million each, and the total price of 12 ships will be as high as US$2.04 billion. They believe that MSC may enjoy a large discount on this shipbuilding contract with Rongsheng Heavy Industries.
According to current information, Rongsheng’s restarted order book also includes at least two 210,000 DWT bulk carriers from Greece’s Capital.
It is reported that Jiangsu New Rongsheng Heavy Industry officially moved and opened for business in mid-November.
According to Tianyancha data, Jiangsu New Rongsheng Heavy Industry Co., Ltd. was established on May 27, 2024 with a registered capital of RMB 50 million. Its main businesses include shipbuilding and ship repair.
As the largest private shipbuilding company in China, Rongsheng Heavy Industries owned four large docks at its peak, equipped with six 900-ton gantry cranes, one 600-ton gantry crane and one 1,600-ton gantry crane, the largest in China at the time, as well as eight outfitting quays and two material quays, with a designed annual shipbuilding capacity of 8 million deadweight tons.
Clarksons data shows that the last ship built by Rongsheng Heavy Industries was delivered in 2017. From 2008 to 2017, Rongsheng Heavy Industries delivered a total of 94 ships, including 16 400,000 DWT very large ore carriers (VLOCs).