The company’s subsidiary, Nantong Jiaolong Heavy Industry Development, is expected to deliver the vessel in the third quarter of 2013 to a Singapore-based offshore rig and vessel owner. The firm declined to reveal the name of its client.
The new contract comes as further evidence of the growing role of Chinese shipbuilders in the offshore wind services industry.
Chinese companies have leveraged lower labour costs and lower cost of materials such as steel, as well as huge capacity, to become the world’s biggest shipbuilders.
