Major Chinese supervising contract

The supervision contract brings to twenty-three the number of Chinese-owned vessels building in Chinese shipyards under the supervision of Graig.

The Graig Group is a broad-based international shipowning and shipping services group delivering technical and commercial ship management, newbuilding supervision,  lay-up services, ship design, ship owning and ship finance to global clients who appreciate personal service.

The new contract is to supervise the construction of ten 76,000 dwt bulk carriers to be built at Jiangsu Rong Sheng Heavy Industries Co Ltd, 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 45,000 dwt bulkers for Shanghai Xiang An Electric Power Shipping Co being built at Chengxi Shipyard and the 79,600 dwt bulk-carrier King Peace, building at China’s Wu Jai Zui Shipyard for Shanghai-based Zhong An Shipping.