Shanghai Bestway Marine Engineering Design has announced that its subsidiary yard Dajin Heavy Industry has secured two newbuild contracts and terminated another contract for the construction of a jackup rig.
The yard has been awarded a contract by repeat customer Russia food and ingredients supplier Aston for the construction of four 8,000 dwt bulk carriers. The total value of the contract is $40m.
Dajin also secured an order from Shanghai Ouyang Offshore for the construction of two deck cargo carriers. The contract is valued at RMB65m ($10m).
Additionally, the shipyard has terminated a contract with Shanghai Jiupu Marine Technology for a jackup wind farm installation platform. Dajin said the termination was due to the owner being unable to secure financing for the platform.