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Monday, August 5 2024

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ContainersGreater ChinaShipyards


MSC CONTACTS DEFUNCT RONGSHENG SHIPYARD FOR ITS NEXT WAVE OF BOXSHIP ORDERS

Sam ChambersAugust 5, 2024
0 4,976 1 minute read


Global shipbuilding capacity is set to grow by a percent with the reactivation
of one of the most famous shipyards from the previous boom and bust era of
shipping.

MB Shipbroking, formerly known as Maersk Broker, is reporting that Jiangsu
Rongsheng Heavy Industries, once China’s biggest private shipyard, is to reopen
with the world’s largest containerline as one of its first clients. 

Rongsheng has acquired financial backing, according to the Danish broker, and
has won a contract for a series of 12,000 teu LNG dual-fuelled ships from
Mediterranean Shipping Co (MSC), a line that has sought out alternative yards in
China for its next wave of expansion. 

MB Shipbroking is reporting that Rongsheng is also marketing large tankers and
bulk carriers with delivery slots from the end of 2026, with the reactivation
potentially leading to a 1% increase of global shipbuilding capacity.



Rongsheng, located in the Yangtze River Delta, was founded in 2006, and became
the largest private shipbuilder in China, churning out giant valemaxes at its
four large dry-docks, before a massive financial collapse forced it to cease
operations in 2014.

MSC, meanwhile, is also reported to have signed up for ten 21,000 teu LNG dual
fuel shops at Jiangsu Hantong with delivery from its new drydock starting from
the second half of 2027 through 2028. Commonly known for building bulk carriers,
this marks Hantong’s debut in the container segment. MSC is also rumoured to be
behind a series of 11,000 teu LNG duel fuel units at Penglai Jinglu as it gears
up to go it alone on the main east-west trades from next year with the end of
its vessel sharing agreement with Maersk.



Tags
MSC
Sam ChambersAugust 5, 2024
0 4,976 1 minute read

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SAM CHAMBERS

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became
editor of Maritime Asia magazine as well as East Asia Editor for the world’s
oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote
for a variety of titles including taking on the role of Asia Editor at Seatrade
magazine and China correspondent for Supply Chain Asia. His work has also
appeared in The Economist, The New York Times, The Sunday Times and The
International Herald Tribune.
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