Feature 1 | CHINA Steady but not stellar
AVIC Dingheng Shipbuilding leads the way in LPG and ethylene tanker construction, Sam Chambers reports
and yet for those that have been there it receives nothing but praise and it can now lay claim to being among the world’s largest LPG and ethylene carrier builders. Tis year it added a further string to its
A
bow, delivering a 7,850dwt multipurpose vessel to owners from Iraq – a ship type first for the yard, and something the yard managed to complete in just 18 months – from ship design, through construction to sea trials. The company is located at a ship
industrial park in Jiangdu Economic zone, and is the nation’s largest chemical and liquid gas ships’ production base. Te first phase costing RMB1.2billion (US$188 million), currently has constructed 30,000dwt and 50,000dwt docks and a production workshop. Te annual capacity could reach 100,000dwt of stainless steel chemical tankers. When the full project is completed, the project will have an output capacity of up to 200,000dwt annually.
Dingheng owns chemical carriers as well as builds them
The yard delivered the world’s first 12,000m3
multi-purpose liquid gas vessel
in June this year. Its Shanghai technology centre partly completed some detailed designs and all production designs. Te ship has been classified by Germanisher Lloyd.
DACOS eyes offshore
Strength of the Yen pushes Japanese into joint venture with Chinese as new company looks set to enter the offshore market, reports Sam Chambers
shipyards in China – no one can beat it, for instance, when it comes to churning out very large crude carriers, an art it has whittled down to a seven and a half month process. As the strength of the Yen continues to hit Japanese shipbuilders, Kawasaki Heavy Industries has, like many of its peers, to invest overseas. NACKS, in which it controls 50%, was its first overseas investment. It has since invested in Brazil and has recently upped its stake at a giant yard in Dalian in northeast China. This May Kawasaki Heavy Industries decided to acquire a stake in Dalian COSCO
N 72 antong COSCO KHI Ship
Engineering (NACKS) is rightly regarded as one of the finest
Shipbuilding Industry (DACOS). DACOS is a joint venture company
established in the Lushun Economic Development Zone at
the bottom of
the Liaoning Peninsula to the south of Dalian. It was co-founded in 2007 by COSCO Shipbuilding Industry Company (COSIC)—a wholly-owned subsidiary of
the COSCO Group and NACKS.
Originally DACOS was 70% owned by COSIC and 30% by NACKS. Trough the transaction, Kawasaki Heavy has taken a 34% stake in DACOS from COSIC, meaning that DACOS is now 36% owned by COSIC, 34% by Kawasaki and 30% by NACKS.
At its 1.8 million m2 shipyard complete with
two giant building docks, DACOS has so far focused on 205,000dwt Newcastlemaxes, with both Cosco and Japan’s Nippon Yusen Kaisha among the earliest customers. However, Kawasaki Heavy’s intentions
for investing in DACOS go far beyond mere bulker deliveries. “Our intention with DACOS, as with our
partner COSCO, is very much to move into the high end offshore field of construction. Te shipyard facilities in Lushun are among the most high tech in China and now is the time for us to shiſt our knowledge from Japan to China to really make inroads into offshore,” says a source at Kawasaki Heavy in Tokyo. NA
The Naval Architect September 2012 Te product orientation of the yard is
focused on 30,000dwt and below high-end chemical and liquid gas tankers. 2015 goals calls for revenues of RMB4billion (US$626.97 million) and a total of 16 ships delivered. NA
VIC Dingheng Shipbuilding is perhaps not such a famous name in the Chinese yard constellation
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