Shanghai-based Graig China, part of the UK's Graig group, has won a ten-ship order to supervise newbuildings for Chinese leasing company Minsheng Financial Leasing. The supervision contract brings to twenty-three the number of Chinese-owned vessels building in Chinese shipyards under the supervision of Graig.
The new contract is to supervise the construction of ten 76,000DWT bulk carriers to be built at Jiangsu Rong Sheng Heavy Industries with delivery of the final vessel scheduled for the first quarter of 2012. The ten are in addition to the eight vessels already under construction under Graig supervision for Minsheng at the same yard.
Graig China is also supervising the construction of four 45,000DWT bulkers for Shanghai Xiang An Electric Power Shipping, being built at Chengxi Shipyard, and the 79,600DWT bulk-carrier 'King Peace', building at China's Wu Jai Zui Shipyard for Shanghai-based Zhong An Shipping.