The Sinopacific Shipbuilding Group is a fast-paced, joint venture in China’s shipbuilding industry. They contracted with Jaccar Holdings for six LPG carriers building. That vessel is SINOPACIFIC’s first LPG Carrier which measures 92.5 meters by length and 17.4 meters by width.
On September 29th, a luxury leisure boat purported to cost over 17 million RMB sank stern first as soon as it entered the water near Lanzhou city in Gansu Province.
China's largest offshore oil producer, CNOOC Ltd., said on Saturday it has cleaned up the oil sheen on the sea surface in the Bohai Bay in north China.
In the middle of October two Chinese shipyards: Nantong Qiya Ship Engineering Co., Ltd and Huigang shipbuilding went into bankruptcy procedure.