Sinopacific Shipbuilding Group secures first order in 2011

Sinopacific Shipbuilding Group has managed to win its first order of 2011 from new Turkish client DENSAN SHIPPING. The order is for two 58,000 DWT Crown 58 bulk carriers,

which are scheduled to be delivered by the end of 2012. On Jan 24th, 2011, Mr. Simon Liang, Chairman & CEO of Sinopacific Shipbuilding Group, Mr. Hasan Akcal, Director of DENSAN SHIPPING and Mr. Jorg Beiler, Regional Manager for DNV in Region Greater China attended the signing ceremony.
As a self-owned brand, Crown58 is a Supramax bulk carrier fully designed by Sinopacific Shipbuilding Group. Crown58 has total order quantity of 65 vessels till now and has successfully delivered 38 vessels. Because of its advanced performance, reliable quality and higher operating income than market rates, Crown58 has been widely recognized by ship owners in the world. In addition to Crown 58, the Sinopacific Shipbuilding Group’s bulk carrier series also include Crown63 (63,500 DWT bulk carrier) and Crown118 (118,000 DWT bulk carrier), which are all self designed by Sinopacific Shipbuilding Group and have formed Sinopacific’s Crown brand.

While ship new building has been depressed recently, the first order of the New Year signifies a good start for Sinopacific’s business performance in 2011. The ship owner, Turkey-based DENSAN SHIPPING, is a world-class shipping company with 43 years of high-quality ship management experience. DENSAN SHIPPING used to build bulk carriers in Japan, and this is the first time the company has signed contract with Sinopacific Shipbuilding Group’s subordinate Dayang Shipyard.

“DENSAN SHIPPING is one of our high-end clients and we highly value our cooperation,” said related professional from the Sales & Marketing Department of Sinopacific Shipbuilding Group: “Ship owners seldom switch their ship builders. After careful comparison, our client chose us as the manufacturer for their carriers finally. The client visited our Dayang Shipyard in Yangzhou of Jiangsu Province and was impressed by our advanced shipbuilding facilities as well as efficient production and management process. This, combined with the recognition and reputation of the Sinopacific “Crown” brand in the sector, convinced the ship owner to place an order with us.”

This successful signing is another example illustrating Sinopacific Shipbuilding Group’s product strategy in subordinate Yangzhou Dayang Shipyard -- “Perfection in simple products”. With the deep and comprehensive understanding of the market and customer needs as well as leaner production management, Sinopacific Shipbuilding Group is confident to win more ship orders and create added value for more high quality clients.
Source: Sinopacific Shipbuilding Group