Graig to supervise ten more bulker newbuilds at Jiangsu Rongsheng

May 22, 2012 — Graig China Ltd (GCL), part of the Cardiff-based Graig Group, has been contracted by Hong Kong-based Global Union Shipping Limited to supervise the construction of ten 157,000 dwt suezmax crude oil tankers building at shipbuilder Jiangsu Rongsheng Heavy Industries Co Ltd in China. The last vessel in the ten-ship order is due for delivery in January 2014.

GCL is supervising – or has already delivered – forty other newbuildings at the Rongsheng shipyard. The total number of ships in GCL’s newbuilding program is now nearing 150.

Global Union says that one of the main reasons it chose Graig for the supervision of the suezmax tanker newbuildings was the fact that it had been very impressed by the excellent performance of GCL and the fitting-out evident in other newbuildings in China supervised by Graig.

Graig has been building, managing and owning ships since 1919. Today it provides technical management and crewing for a mixed fleet of vessels on behalf of a number of owners. It has supervised over 100 newbuildings for itself and major shipowners and provides technical consultancy and management support services to two major banks with a financed fleet of over 100 vessels. Graig develops advanced designs such as the successful Diamond series of bulk carriers. It can source yards and finance and provide newbuilding supervision and follow up with in service management. Based in the U.K., Graig has offices in Cardiff, London, Shanghai, Hong Kong, and Manila.