Japan’s Doun Kisen has placed an order for four bulk carriers of two types at Nantong Xiangyu Shipbuilding & Offshore Engineering, according to brokerage sources.
The specifications include two 82,000 dwt and two 63,550 dwt bulk carriers expected to be delivered in 2027. It is reported that the unit cost of the 82,000 dwt is approximately US$37.3 million and the unit cost of the 63,550 dwt is approximately US$35.3 million.
Doun Kisen is a long-time customer of Nantong Xiangyu Shipbuilding & Offshore Engineering, who has ordered a series of 40,500 DWT, 63,500 DWT and 82,000 DWT bulk carriers from the shipyard since 2018.
Just on November 28, Nantong Xiangyu Shipbuilding & Offshore Engineering signed and delivered the 40,500 DWT bulk carrier built for Doun Kisen. So far, Nantong Xiangyu Shipbuilding & Offshore Engineering has successfully completed the task of delivering 26 vessels in 2024, one month ahead of the annual plan.
Nantong Xiangyu Shipbuilding & Offshore Engineering was founded in December 2016, with a registered capital of RMB 240 million, and was officially put into production on May 11, 2017. The vessel types built mainly focus on environmentally friendly and energy-saving series of bulk carriers, oil tankers and container ships under 100,000 tons, small and medium-sized stainless steel/special-painted chemical tankers, and other engineering vessels.
In August this year, Nantong Xiangyu Shipbuilding & Offshore Engineering successfully bid for the core assets of Jiangsu Hongqiang marine Heavy Industry Co. The bidding assets include 56,352.42 square meters of housing buildings, one wharf, three 50,000-100,000-ton ship slipways, 682.3 meters of Yangtze River shoreline usage rights and related equipment and patents owned by the company. It is expected that Nantong Xiangyu Shipbuilding & Offshore Engineering’s annual production capacity can be expected to be increased by 60% after reaching production.