CSSC Shanghai Waigaoqiao Shipbuilding delivered its 500th commercial vessel, a bulker for Foremost Group.
Katherine Si | Apr 16, 2021
The latest delivery is a 210,000 dwt Newcastlemax bulk carrier, ordered by New York-based Foremost Group.
The shipyard has delivered 500 commercial vessels since from 2013. Total shipbuilding output of Waigaoqiao amounts to 89.68m dwt, and the annual ship delivery average is 498.2m dwt.
Related: SWS China’s top shipbuilder by output in first eight months of 2020
In the first quarter of 2021, China State Shipbuilding Corporation (CSSC), parent company of Waigaoqiao, posted an increase of 57.6% year-on-year for newly received orders, and 74.2% growth rate of total profit.
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