Chinese Shipping Company Orders Fuel-Saving Ships

by Ship & Bunker News Team
Tuesday June 24, 2014

The China Navigation Co. (CNCo), the deepsea shipping subsidiary of the Swire Group, has ordered four fuel-efficient handysize bulk carriers from Japan's Imabari Shipbuilding Co. Ltd., Swire said in a statement.

The vessels will be used in CNCo's drybulk division, Swire Bulk and deployed worldwide.

"The company recognises the importance of the Japanese shipbuilding industry and is delighted to have successfully confirmed this order with Imabari Shipbuilding Co., Ltd given the company's reputation as a provider of handysize bulk carriers of the highest quality," said Swire Bulk General Manager Andrew Kidd.

Also this month, Swire Bulk received its fifth vessel using Deltamarin's B-Delta37 design from Chengxi Shipyard, and the company has 19 more B-Delta37 handysize bulk carriers for delivery in 2016.

"Swire Bulk is committed to providing its customers with the most modern, fuel efficient and flexible fleet in the market," the company said.

Related company Swire Pacific Offshore (SPO) received eight fuel-efficient anchor handling tug supply vessels recently and is in the process of further growing its fleet.