The success of Deltamarin’s B.Delta 37 continues as the first Chinese shipowner COSCO orders four 40,000 DWT Handymax bulk carriers at Tianjin Xingang shipyard in China.

In addition to this COSCO order, 16 B.Delta37 vessels have earlier been ordered at the Tianjin Xingang shipyard, with eight vessels for Louis Dreyfus Armateurs and another eight for M.T. Maritime Management Group (MTMM) / Strategic Shipping Inc. (SSI).

The main dimensions of the vessels for COSCO are: length below 180 m and beam 30 m. The service speed at design draught is 14.0 knots. The deadweight is 40,000 metric tonnes at scantling draught. The vessels will have five cargo holds and can take 50,000 m3 of cargo, while their fuel performance will be less than 18 tons/day. The COSCO vessels will be classified by the China Classification Society (CCS), and their deliveries are expected in 2015 and 2016.

The total value of Deltamarin’s contract with China Shipbuilding & Offshore International (H.K.) Co. (CSOC), which acts as the financer of the project on behalf of Tianjin Xingang shipyard, is around 0.8 M€. The estimated contract period is six months.