Cardiff, UK-based Graig Ship Management has taken delivery of the 79,600DWT bulk carrier 'King Peace', for which it is providing full technical management and crewing on behalf of Shanghai-based Zhong An Shipping. The vessel was built at China's Wu Jia Zui Shipyard under the supervision of Graig China.
"This is an important new contract, because it is the first for us as a UK ship manager to manage a Chinese-owned, Chinese-built and Chinese-crewed vessel," commented Ian Morgan, CEO of Graig Ship Management. "It makes a lot of sense, we know the ship inside out because we helped build it, we know bulk carriers and we know China. China is a massive market for maritime expertise and we see this as a first step to a growing business becoming a local ship manager for Chinese owners."
