Design firm enters newbuild sector

Shenzhen: A Shenzhen-listed ship design firm is moving into shipbuilding. Shanghai Bestway Marine has announced that its subsidiary Bestway Technology has bagged a contrazcct for RMB119m to design and construct a pair of 6,000 hp multi-purpose offshore supply vessels for Tianjin Zhihai Shipping. The ships are scheduled for delivery on 29 February 2012.

Bestway has a good relationship with Tianjin Zhihai. In 2009, the company signed a ship conversion design technology service contact with Tianjin Zhihai worth RMB750,000.
(Source:www.seatrade-asia.com)