iMarine

Beihai Shipbuilding and U-Ming Sign Contract for Two 180,000 DWT Bulk Carriers

Recently, CSSC Beihai Shipbuilding, together with China Shipbuilding Trading Co., Ltd. (CSTC), and U-Ming Marine Transport (U-Ming) successfully signed a shipbuilding contract for two 180,000 DWT bulk carriers. This is another collaboration between the two parties following the 325,000 DWT ore carrier and 210,000 DWT bulk carrier projects.

This 180,000 DWT bulk carrier is the fourth generation product designed by China Shipbuilding Design and Research Center. The vessel has an overall length of 292.00 meters, a beam of 45.00 meters, a depth of 24.70 meters and a structural draft of 18.20 meters.

This generation of vessel has been comprehensively optimized in terms of line shape, taking into account the operational characteristics of full load and ballast navigation, and focusing on the optimization of wave resistance increase under heavy sea conditions. The overall propulsion efficiency is more than 2% higher than that of the previous generation of vessels. The environmental protection design meets the EEDI3 and NOx Tier Ⅲ standards, and is equipped with an EGCS system to achieve sulfur oxide emission reduction, achieving a double breakthrough in efficiency and environmental protection.

According to the order information announced by U-Ming on March 31, the construction cost of a single 180,000 DWT bulk carrier is between US$75 million and US$79 million, and the total order value is between US$150 million and US$158 million. The new vessels are expected to be delivered in 2028.

As Taiwan’s largest bulk shipping listed company by market value, U-Ming owns a total of 79 vessels, including ultra-large ore carriers and Capsize bulk carriers, and is in a leading position in shipping. Beihai Shipbuilding adheres to the focus on the main ship type market, has built and delivered more than 100 dry bulk carriers of various types, and has achieved the first place in the global market share of super-large ore carriers, and the world’s largest market share of large bulk carriers. The two parties’ main businesses are highly compatible and their development goals are consistent, so there is huge room and potential for cooperation.

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