Colombo Dockyard
PLC (CDPLC) is moving towards the execution of an already signed contract with
Norwegian company Misje Eco Bulk AS (Misje) to build six firms plus four
optional eco bulk carriers. The agreements were signed on 14 March but expected
to come into effect only in September with final board approval from the
owners.
Mise Eco Bulk AS
is a wholly-owned subsidiary of Kåre Misje & Co. This Norwegian
family-owned company holds a group of companies offering a full package of
services from chartering and operation to technical and financial
administration. These 89.95 m long vessels are designed to accommodate 5,000
DWT of cargo space. The type of freight they may carry includes bulk cargo,
grain, timber, containers, and unit loads. Each vessel has powered by a
4-stroke diesel engine with an electric hybrid system that supplies additional
power through a battery. These vessels are built as environmentally friendly
vessels, as they have lower emissions compared to the same-size traditional
bulk carriers.
Wartsila Ship
Design Norway AS establishes the idea and basic design of the groundbreaking
bulk carriers, and CDPLC conducts the comprehensive system. The series' first
vessel expects to deliver in 18 months, and the following containers will ship at
intervals of 4 months. It highlights CDPLC 's active marketing activities in a complex
world amid the negative impacts of last year's Easter Sunday incident and
currently facing the COVID-19 pandemic.
CDPLC has
concentrated extensively on the European market, in particular for the
construction of eco-friendly bulk carriers, cable laying and repair vessels,
service activity vessels, etc., which are in demand. CDPLC is hugely confident
that the capacity and experience gathered by CDPLC over the past four and a
half decades of shipbuilding expertise have served these emerging requirements
in Europe.
Moreover, this
shows the international prestige of the CDPLC as one of South Asia's most
competitive and successful shipbuilding and ship repair facilities. CDPLC has a
35 per cent shareholding of government institutions in Sri Lanka. As a shipbuilding
industry pioneer in Sri Lanka, CDPLC continues to demonstrate its excellence
through the successful securing and execution of shipbuilding projects
worldwide and is one of Sri Lanka's leading industrialists.
OSL Take: Having
accepted such a large contract, Colombo Dockyard has proven that it can build
or repair large ships. In Sri Lanka's goal of becoming recognised as a global
logistics hub, this will prove vital as it will indicate that the country has
the necessary facilities to undertake essential repairs and accept shipbuilding
contracts. Interesting shipbuilding firms can approach Colombo Dockyard with
business proposals or enter the country's shipbuilding business as it is an
area that has room for expansion since only a few players are currently
operating within the industry.
Sri Lanka's
Dockyard business is an excellent example of a successful collaboration between
a Sri Lankan and foreign company. The company's business scope has expanded
through time from ship maintenance to shipbuilding, which is suggestive of the
growing business capacity in the country. Sri Lanka's shipping and naval
sectors are currently undertaking a development program, which is also part of
the overall development program launched by the government of Sri Lanka.
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