China Yangzijiang Shipbuilding Group Ltd. built a large ore tanker for the Kukje Maritime Investment Corporation (Kmarin) from the Republic of Korea, the Chinese shipbuilder said.
An ore carrier with a length of 340 meters and a carrying capacity of 325 thousand tons is expected to be handed over to the customer in July this year.
The vessel was built by Jiangsu Yangzi Xinfu Shipbuilding, a subsidiary of Yangzijiang Shipbuilding Group Ltd, based in the eastern China province of Jiangsu ..
In addition to the aforementioned ore carrier, in the first quarter of this year, Yangzi Xinfu completed the construction of three more vessels, including a container ship with a capacity of 12,690 TEU and two bulk carriers with a capacity of 208 thousand tons. It also handed over four vessels, all of which were bulk carriers with a capacity of 208,000 tons. The company's revenue in the first quarter reached 771 million RMB (US $ 117.4 million).