SWS and Changhong International to jointly build bulker

Shanghai: Shanghai Waigaoqiao Shipbuilding (SWS) has signed a cooperative agreement with Zhoushan Changhong International to jointly build a 208,000 dwt bulker.

Zhoushan Changhong International is a new ship industry base invested by Jiangsu Xin Chang Jiang Group with RMB6.7bn for businesses in shipbuilding, ship repair, ship breaking and offshore engineering.

“Changhong International is a newcomer in the shipbuilding and ship repair industry, it is a perfect start to work with Waigaoqiao Shipbuilding which will make our businesses go on the right track two or three years in advance,” said Dai Jiming, president of Zhoushan Changhong International, adding that the cooperation is just the start between the two companies, with plans for further cooperations in the offshore sector. [14/01/14]

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