Recently, Sumec Marine, in collaboration with its subsidiary New Dayang Shipyard, successfully signed a contract with Japan’s Itochu Corporation for the construction of two 3.0 version Crown 63 bulk carriers.
Itochu Corporation, a long-established and robust enterprise, has evolved into a major general trading company with approximately 90 bases in 61 countries and regions worldwide since its founding in 1858 by the first-generation Chubei Ito, who began trading in linen. Its business spans diverse sectors including textiles, machinery, metals, energy, chemicals, foodstuffs, consumer goods, housing, information and communications, and finance. The company holds significant positions in international trade and investment, domestic trade, import/export operations, and three-party trade. In the 2024 Fortune Global 500 ranking, Itochu Corporation secured the 107th position through its outstanding comprehensive capabilities.
This agreement not only reflects Itochu’s deep trust in Sumec Marine but also demonstrates its high recognition of the Crown brand. Looking ahead, Sumec Marine will continue to deepen its commitment to the shipbuilding sector, driven by technological innovation to continuously enhance product performance and quality while expanding its global market share.
In recent years, Sumec Marine has achieved remarkable success in the international shipbuilding market. Beyond the Crown 63 bulk carriers, its share in the feeder container ship sector has also been steadily expanding. By accurately anticipating market trends and leveraging the unique strengths of its products, Sumec Marine has consistently secured new orders from long-standing clients, demonstrating formidable market competitiveness.
Moreover, Sumec Marine has demonstrated exceptional execution in production and delivery. During the critical summer period focused on ensuring timely deliveries, the company achieved 100% completion rates at key milestones. This commitment ensured vessels were delivered to clients on schedule and with high quality, earning widespread acclaim within the industry.