DSIC Delivers the 2nd VLCC to COSCO Shipping Successfully

On May 2, 2017, No.64 308k DWT VLCC “COSDIGNITY LAKE” constructed for COSCO Shipping by DSIC was named for delivery, which is the 2nd VLCC delivered. Tripartite representatives signed the delivery and acceptance protocols on behalf of DSIC, COSCO Shipping and CSOC respectively.  COSCO Shipping Energy Transport Co., Ltd. GM Liu Hanbo, CSOC Deputy GM Zhang Yuhuan and DSIC leaders Liu Zheng, Yu Fengping and Deng Changlian attended the ceremony.

Liu Zheng said in his speech, “COSDIGNITY LAKE” is the 2nd VLCC delivered to COSCO Shipping by DSIC since a merger between COSCO and China Shipping, which is of great significance. The COSCO Shipping newly set up last year has made new breakthrough in its business scale, who has possessed four world No1s like the world first fleet integrated carrying capacity. DSIC has great honor in being able to continue cooperation with and deliver projects to the specialized companies under COSCO Shipping. In the past 30-year history of cooperation, DSIC has contracted more than 140 ships of different types from COSCO and China Shipping in accumulation, amounting to 1.7 million deadweight tons,  for which those orders have fully reflected good and close partnership between the parties. DSIC is the shipbuilder with the highest building performances in VLCC, accounting for 10% of global VLCC fleet in quantity. The “COSDIGNITY LAKE” named for delivery today is an energy-saving, environment-friendly and anti-sediment VLCC tailor made for COSCO Shipping by DSIC, whose comprehensive index of speed and fuel oil consumption is leading domestic and among the first-class level worldwide. Taking the naming delivery of the vessel as a new start, DSIC shall, based on mutual benefits and win-win solution between shipowner and shipbuilder, continue to optimize design, refine management on production, and work harder to improve various index for the following vessels so as to build up a series of fine projects for COSCO Shipping.

Liu Hanbo said in his speech, COSCO Shipping has established profound friendship with DSIC over many years of cooperation. With sustainable and steady development of the two parties, COSCO Shipping will consolidate and expand cooperation unswervingly, enhance mutual trust, achieve a win-win situation, fulfill the national mission of “Domestic Vessels by Domestic Construction, Domestic Cargoes by Domestic Transport”, and strive for common development hand in hand and shoulder by shoulder.

As the 4th VLCC in this series, the “COSDIGNITY LAKE” has continued to employ safe, economic and environmental design proposals, such as excellent hull forms, new-type large-diameter high-efficiency propeller, composite energy-saving device with complete intellectual property right and patented anti-sediment ballast system. Furthermore, under the same cargo capacity, M/E daily oil consumption has got much lower, which is a VLCC with the most advanced and environmental design and the lowest oil consumption in the world. It has only taken 90 days in dock. Meanwhile, hull welding quality has been much improved, and undocking and sea trial integrity reached higher level, on board of which, various systems haves been smoothly verified with domestic leading performance indicators in speed, oil consumption and EEDI in the sea trial.