| December
2002 |
| First
NACKS-Built VLCC Delivered |
  |
Nantong COSCO KHI Ship Engineering Co.,
Ltd., China (NACKS), a joint venture between
Kawasaki Shipbuilding Corporation and China
Ocean Shipping (Group) Company (COSCO),
delivered the 300,000 DWT double-hull tanker
Cosgreat Lake to its owner, SG Jade Inc.
of Panama, on December 20, 2002.
The tanker, the first of two double-hull
models ordered from a subsidiary company
of COSCO in February 2001, is the first
VLCC (very large crude oil carrier) built
by NACKS, and the second VLCC built in China.
Cosgreat Lake features high propulsive performance
due to its optimized lines, rudder bulb
system with fins and high-efficiency propeller.
The second VLCC of the series, also under
construction by NACKS, is scheduled for delivery
in May 2003. |
|
|
