I thought I'd start a thread on the capabilities of the Chinese shipbuilding industry, start off with a piece of news on JN shipyard.
By Paul Tugwell
Sept. 1 (Bloomberg) -- Dynacom Tankers Management, Greece's
second-largest shipping company, will buy two crude oil tankers
from China's Jiangnan Shipyard, shipbroker George Moundreas &
Co. SA said.
The vessels will each have a capacity of 296,000 deadweight
tons and are scheduled to be delivered in 2009, Piraeus-based
George Moundreas wrote in a monthly report today. Dynacom will
pay about $110 million for each ship, the report said.
Dynacom will also buy four dry cargo ships, each with a
capacity of 73,000 deadweight tons, from China's New Times
Shipbuilding Co. Ltd. for delivery in about 2010 for an unknown
price, the report added.
Dynacom, a closely held company based in Athens, operates
34 vessels with a total of 5.7 million deadweight tons,
Naftiliaki Greek Shipping Review said in July. Greece is the
world's largest ship-owning country.
Deadweight tons are a measure of a ship's capacity for
carrying cargo, fuel and supplies.