China: CSSC-MES Diesel Co. Bags USD 300 Million Order to Supply Eco-Friendly Diesel Engines

CSSC-MES Diesel Co., Ltd. just received an eco-friendly diesel engine order, worth USD 300 million, from Jiangsu Yangzijiang Shipbuilding Group. The new generation of 10,000 TEU container vessels contracted in China by Seaspan represents major improvements in energy efficiency, cargo capacity, operational efficiency and emission reductions. The new features have been developed in a collaboration between Seaspan, the Yangzijiang Shipbuilding Group, MARIC and DNV.

The order for seven 10,000 TEU container vessels plus 18 options which was signed in Shanghai on 8 June is the biggest ever container contract entered into in China. The vessels will be built to DNV class.

CSSC-MES Diesel will supply the world’s most advanced environment-friendly diesel engines to 25 container carriers. This kind of engines targeted at ships has been the latest products designed by world-known MDT. The engines have been environment-friendly and intellectual diesel engines with the largest power that domestic companies can manufacture.

CSSC-MES Diesel is a joint venture among China State Shipbuilding Corp, China CSSC Holdings Ltd and Mitsui Engineering & Shipbuilding Co., Ltd. In 2010, China’s shipbuilding industry witnessed a rapid growth. 65.6-DWT ships were built in the country. The output has outnumbered that of South Korea for the first time. South Korean shipyards built 47.5-million-DWT ships last year.

[mappress]

Source: yzjship, August 10, 2011; Image:dnv