Marfret has purchased two container ships from the newly established Hubei Guangji Green Energy Shipbuilding factory in China. This order has recently been signed and provides the mentioned factory with another opportunity to enter the international shipbuilding market.
Contract Details
The mentioned contract includes two container ships with a capacity of 480 TEU. Information regarding the price and delivery date of these ships has not yet been officially released. The design of these ships has been carried out by the Shanghai Merchant Ship Design and Research Institute (SDARI), and the ships will be classified under the supervision of Bureau Veritas.
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Environmental Equipment and Advancements
The propulsion equipment for these ships will be supplied by the Jiangjiang unit of CSSC Power, and the hull form of the ships has been optimized to consume less fuel. This contract is recorded as the fourth international contract for the Guangji factory this year and has been signed after orders from owners in Dubai, Norway, and Singapore. The Guangji factory has recently entered the commercial production phase and has quickly established an export office.
Recent Developments at Guangji Factory
The factory's move towards international shipbuilding began in July with an order for two 1300 TEU container ships by Songa Box, supported by Arne Blasted. This order came with options for four additional ships. Additionally, another order for three 930 TEU ships from Emarat Maritime based in Dubai has been recorded. This month, Wealth Holdings from Singapore also signed a contract for two multi-purpose 25000 DWT ships with two separate options for additional ships.
Investment and Development of the Factory
The Guangji factory in Wuxue on the Yangtze River is being developed with an investment of 3.5 billion yuan (equivalent to 488 million dollars) and has 10 shipbuilding lines. The factory's planned annual production capacity is up to one million DWT. These advancements demonstrate China's determination to expand its shipbuilding industries and increase competitiveness in the global market.
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