Jiangan Shipyard has signed a contract with Jinjiang Shipping, to build four 1,100 teu container vessels.
There is a possibility of building four more similar vessels. Financial terms of contract were not disclosed.
Schedule for delivery of newbuild vessels is from February 2014 in phases.
Jiangnan Shipyard is a historic shipyard located in Shanghai, China. The shipyard has been state owned since its founding in 1865 and is now operated by Jiangnan Shipyard (Group) Co. Ltd. Before 2009, the shipyard was located to the south of central Shanghai. In 2009, the shipyard was moved to Changxing Island, located in the mouth of the Yangtze River to the north of urban Shanghai. The new Shipyard is equipped with several super dry docks, capable of housing the construction of future aircraft carriers for the PLA Navy.
The shipyard builds, repairs and converts both civilian and military ships. Other activities include the manufacture of machinery and electrical equipment, pressure vessels and steel works for various land-based products.
Shipbuilding Tribune Staff, June 29, 2012; Image: pd