PaxOcean has secured two contracts from new customers. The first contract was awarded by Zhejiang Heda Shipping Co., Ltd, to build 2 units of 22,500 DWT Bulk Carrier with single engine propulsion, mainly used for transportation of grain, coal, bagged and bulk grains, and other general bulk cargoes. The ship measures 149 meters in length, 24 meters wide, molded depth of 13 meters and a design draft of 9.2 meters. With these new 22,500 DWT Bulk Carriers it will demonstrate PaxOcean ability in new build market for the local Chinese clientele. According to the basic designer, this new ship design will save up about 15% of energy compare with older ship design and that will allow them to focus on greenhouse gas emissions reduction that are being advocated by the state government.

Delivery of the first vessel in the is scheduled for December 2023.

The second contract was awarded by a Finnish shipping company, Langh Ship Company, for construction of three 1,200 TEU container ships.

Measuring 150 meters long, 27 meters wide with a draft of 8.75 meters, the newbuildings will be equipped with a two-stroke, slow-speed main engine for best fuel economy and hybrid scrubber. The machinery will have readiness for Langh Tech’s carbon capture system in combination with the scrubber. The main engine can also be operated on biofuel as soon as it will become available on a larger scale. The main engine as well as the three auxiliary engines meet the stringent IMO Tier III requirements for NOx-emissions. The vessels will be prepared for shore power connection and a hybrid solution including batteries. In addition to that Langh Tech will supply the ballast water management system LanghBW Systems. The ships are optimised for carrying 45ft containers both in the holds and on deck. They will be built to Finnish/Swedish ICE Class 1A.

Delivery of the first vessel in the series is scheduled for August 2024. After delivery, the vessels will be employed in container traffic in Europe.

Mr. Sam Wong, Director of PaxOcean China yard said, “We are pleased to be selected by Zhejiang Heda and Langh Ship for their new buildings. It is a testament to the capabilities of our shipyard in building wide variety of vessels and we look forward to furthering our partnership.”

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About PaxOcean

A subsidiary of Kuok Singapore Limited, PaxOcean owns and operates five shipyards located in Singapore, China and Indonesia. First established in 2007 in Singapore, PaxOcean offers a wide range of services covering integrated solutions, newbuilding, module fabrication, green recycling, repairs and conversion of conventional and renewable energy assets.

For more information, visit us at www.paxocean.com