Feature 1 | SHIPBUILDING IN CHINA
Te two docks will be available to use from March next year. Te new facility will be able to produce
two million dwt of newbuildings and repair up to 220 vessels per year. Xingang’s current site will continue to build and repair ships. Other ship types offered by Xingang
include 37,600 and 38,000dwt handysize bulkers as well as railway ferries of 6500dwt with 188m in LOA and 22.6m in breadth.
Weihai While China has surpassed the world’s expectations in its ability to tackle just about any ship type, even LNG, in such a short space of time, its one area that it is still behind the curve is passenger and cruise ship building. In the former British concession of Weihai on the southern tip of Bohai Bay progress on this last frontier for China’s shipbuilders is moving on apace. On 11 May this year the Bo Hai Fei Zhu, China’s largest ro-pax ship finished its trial voyage successfully. It is now operating in Bohai Bay. The ship, valued at RMB350 million (US$51.5 million), was built for China’s Bohai Ferry Co., Ltd. Te gross tonnage of the ship is just over 20,000gt, with 163.95m in LOA and 25m in breadth. The lane length stands at 2000m while the capacity comes up to 280 cars and 1650 passengers. Now the same shipowner, Bohai Ferry, is
Rongsheng looks to the LNG market.
readying an order at the same yard to build four luxury ferries worth RMB1.6 billion (US$236.01 million). Te LOA of the new design is 178.8m
while the breadth is 28m. Te gross tonnage comes up to 27,000gt, with capacity for 2296 passengers and 300 cars. The ship is to be fitted with hi-tech
power, navigation, alarm, and emergency systems. With reliable stability and hull strength, the ferry can sail on the condition of eight-level wind. Te ferry will be operated not only in the
domestic market but also in international lines, such as to Korea, Japan, Taiwan, and even Europe. Moreover, Bohai Ferry is about to
invest RMB1.5 billion (US$221.56 million) to launch a luxury cruise ship as well. On 15 January, the company signed a memorandum of cooperation with CCS, Shanghai Merchant Ship Design & Research Institute (SDARI), and Huanghai Shipbuilding. Beijing’s stimulus package specifically called for the nation’s shipbuilders to crack the cruise market. Huanghai might be first. Shandong New Shipbuilding Heavy
Industry, also known as Shandong Weihai Shipyard, tends to focus on multipurpose ships and bulkers. It recently bagged an order from a local firm for six 28,400dwt ships for delivery from 2012 at around US$25 million each. State-owned Shandong Weihai is located in Zaobei Bay
in Gushan Town. It is equipped with two 100,000dwt dry docks and has plans to build another of 300,000dwt. Te largest ship type built at the yard was of 92,500dwt for Greek owner Transmed. South Korean emerging shipbuilder
Samjin Shipbuilding Industries Korea Co, Ltd (SSI) located in Weihai, Shandong, offers a variety of handysize bulkers and PCTCs. Handysizes tend to be 34,000dwt in
size (180m by 34m), while PCTCs are up to 6700 units. SSI with its 7000 workers including
some 200 Koreans in the management team can build five vessels of up to 100,000dwt class simultaneously at its one million m2
size yard that is equipped with
one large dry dock and four skid berths. Te yard delivered its first ship last year and is aiming to deliver on ship every month this year. SSI has introduced the Conveyor
Assembly System (CAS) at the yard as a new method for ship block assembly for the first time in the world, which maximizes ship construction efficiency while minimizing investment. Shipbuilding output has more than doubled after introduction of the CAS.
Yantai Last year China’s top container manufacturer, aware of the slide in box shipping fortunes, bought out one of the nation’s offshore pioneers, Singapore-controlled Yantai Raffles. China International Marine Containers (CIMC) was able to acquire the debt laden yard for just US$300 million; it had been worth as much as US$1 billion just a year prior. Since then CIMC has invested heavily to boost expertise and production in this field. CIMC Raffles, the newly re-branded
name, is looking to raise up to US$100 million from a non-underwritten rights issue. It plans to issue 136.7 million shares
priced at 73.5 US cents each on the basis of one rights share for every two existing ordinary shares. Proceeds from the rights issue
will go towards improving facilities at its existing shipyards and to build new facilities.
52 The Naval Architect September 2010
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