Rongsheng Heavy Industries, China’s largest private shipbuilder, has signed an order for the construction of up to six very large ore carriers (VLOCs).
The contract, signed with the Hong Kong-based Ocean Line Holdings, represents a substantial breakthrough for the company in the large-sized bulk carriers segment.
Rongsheng will build 3+3 250,000 dwt vessels slated for delivery between 2015 and 2016.
The VLOCs are in line with low-carbon green product initiative and meets the benchmark requirements on emission reduction set by the International Maritime Organization (IMO), which came into effect as of 1 January 2013.
SBT Staff, December 31, 2013