- Cosco Shipping has announced that GP’s first bulk carrier N806 has completed sea trials.
- The early stages of the pandemic in China impacted the construction of the ship.
- The application process for inspection was streamlined and ensured seamless ship construction.
- It has completed a 5G-enabled, automated vehicle trial at China’s Port of Xiamen.
According to an article published in Ship-Technology, Cosco Shipping Heavy Industry (Yangzhou) has announced that GP’s first 64,000 deadweight tonnage (dwt) bulk carrier N806 has completed sea trials on 11 July.
Pandemic affects ship construction
The early stages of the pandemic in China impacted the construction of the ship.
To resume work and ship production, the shipowner sent manufacturing supervisors to China, streamlined the application process for inspection, and ensured the seamless ship construction.
The ship crew was not able to travel to China in the later period of the pandemic.
To combat this, the company partnered with GP to contact the crew.
The ship commenced sea trials on 6 July.
COSCO completed automated ship trials
In a separate development, the installation of a living area, lifting of the lashing-up bridge, and desulphurization device on the 8500TEU container ship Changsong were completed by Cosco Shipping Heavy Industry (Zhoushan).
In May, China Ocean Shipping Company (COSCO) subsidiary Cosco Shipping Ports has completed a 5G-enabled, automated vehicle trial at China’s Port of Xiamen.
The trial was carried out together with China Mobile and Dongfeng Commercial Vehicle on 11 May.
Agreement with SIPG for the sale and purchase of port assets
In September last year, Cosco Shipping Ports signed an agreement with Shanghai International Port Group (SIPG) for the sale and purchase of its port assets.
The proceeds obtained were to be used to repay the loan. The company plans to invest the proceeds in developing its shipping ports.
In January, the company acquired a 4.34% stake in Beibu Gulf Port for approximately CNY470m ($68m) through its subsidiary China Shipping Terminal Development.
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Source: ship-technology
