Nantong COSCO KHI Ship Engineering Co., Ltd.

NANTONG COSCO KHI SHIP ENGINEERING CO., LTD.£¨hereinafter called ¡°NACKS¡±£© is a large-scale shipbuilding joint venture between China COSCO Shipping Corporation Limited (hereinafter called ¡°China COSCO Shipping Group¡±) and Kawasaki Heavy Industries Ltd. (hereinafter called ¡°KHI¡±).

The total fleet of China COSCO Shipping Group comprises of 1114 vessels with a capacity of 85.32 million DWT, ranking No.1 in the world. KHI has two world-class shipyards at Kobe and Sakaide. China COSCO Shipping Group and KHI have been enjoying a good cooperation for several decades. In order to take the full advantage of both sides in capital, shipbuilding technology, ship market and management experience, China COSCO Shipping Group and KHI jointly invested 5 billion RMB£¤ to establish this new shipbuilding venture.

 

The registered capital of NACKS is 1.46 billion RMB£¤ equally shared by COSCO and KHI. The yard layout, with advanced production facilities and equipments, is quite reasonable. NACKS mainly engages in the construction of various kinds of bulk carriers, 150,000DWT to 300,000DWT oil tankers, super-panamax container ship and large-scale car carrier and Special Ship and LNG etc,. Integrating with the advanced shipbuilding technology and management mode of production introduced and the successful experience of China COSCO Shipping Group in operation and management, NACKS, since its foundation in 1999, has made remarkable accomplishment in worldwide shipbuilding industry and successfully realized the great leap-forward development constructing from 47,000DWT Bulk Carrier ¡ú 5,400TEU Container Ships, 300,000DWT VLCC ¡ú 5,000PCC ¡ú 6,200PCC ¡ú300,000DWT VLOC ¡ú10,000TEU Container Ships ¡ú13,386TEU Container Ships, With the constructing of 13,386TEU container ship ,28,000-DWT General Cargo Ship(Heavy Lift) and 4000 cars dual-fuel LNG car carrier, NACKS made further progress in high-tech shipbuiding field.

 

Since its foundation, NACKS has setted several new records in Chinese shipbuilding industry in terms of ship type, and its steel use ratio, power consumption per 10 thousand USD of output value, and other economic and technical index are keeping leading within China for years. In addition, the successful development of NACKS also fully satisfied by its two shareholders, local government, and all parties in the society. It has been successively awarded as ¡°Top 500 Chinese Foreign-Funded Enterprise¡±, ¡°Top 200 Chinese Export Enterprise¡±, ¡°Top 500 Chinese Import-Export Enterprise¡±, ¡°Top 100 Chinese Machinery Enterprise¡±, ¡°National Labor Award¡±, ¡°National Enterprise Technology Center¡± and ¡°National high-tech enterprise¡±. Intelligent manufacturing workshop was identified as the national shipbuilding industry's only intelligent manufacturing pilot demonstration projects by Ministry of Industry and Information Technology of the People¡¯s Republic of China.

 

After development for years, NACKS has fostered and developed advantages in terms of talent, technology, and management. In the future, NACKS will further accelerate to upgrade products, and strive to become an important base of designing, developing, and manufacturing of high-level ships, and keep taking the lead in shipbuilding market.