Greater China

Crown Ocean Shipbuilding inks six OSVs

Guangzhou: Fujian Crown Ocean Shipbuilding yesterday signed a newbuilding contract with an unspecified Hong Kong owner for six OSVs. The vessels will be classified by ABS and the first vessel in the order will be delivered in the beginning of 2014.

Last month, Crown Ocean signed an agreement with China Exim Bank, under which China Exim Bank will provide a RMB100m loan and RMB700m credit facility to Crown Ocean in order to support its ship export projects.  [16/05/13]

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