U-Ming Marine Transport Holds "Yuyue Ship" Naming and Pick-up Ceremony

        On July 12, U-Ming Marine Transport at Oshima Shipbuilding Co., Ltd., Japan, for U-Ming Marine Transport and Japan's Sumitomo Marine Co. Ltd. (Sumitomo Marine Co. Ltd.) signed the construction of 99,990 dwt super-Panamax extreme type ( Post Panamax) bulk carrier "M.V. Cemtex Dominance" (M.V. "Cemtex Dominance") held a naming ceremony, presided over by Douglas Hsu, and invited Ms. Cai Shujuan, wife of President Wang Yaoting of TPC, as the named lady.

        The "Yuyue" is 235 meters long, 40 meters wide, and has a deadweight of 99,990 tons. It is the second supercar newly designed by Oshima Shipbuilding Co., Ltd. for U-Ming Marine Transport after the "Yuzhuo". The Panama Ultimate Bulk Carrier not only conforms to the concept of energy saving and environmental protection that U-Ming Marine Transport adheres to, but also adds intelligent elements, which is conducive to reducing the failure rate and improving operational efficiency through the management of the ship network. In addition, the ships are larger, but the fuel consumption per unit load and operating costs are relatively reduced, and they have the characteristics of low-speed sailing for energy saving and emission reduction of ships. In addition, the narrow and long streamlined bridge design and the optimized hull line shape can reduce wind and water resistance, further reduce fuel consumption, and increase competitive advantage.

        In recent years, the IMO and the European Union have successively introduced more stringent new environmental protection regulations. In particular, the "Energy Efficiency Index (EEXI) of Existing Ships" and "Carbon Intensity Index (CII)" will be launched in January 2023. Ships that do not meet the EEXI and CII standards will face Restricting main engine horsepower and sailing speed is bound to accelerate the replacement of old ships. In addition, after the second half of 2020, shipyards will undertake a large number of container ship orders, which will squeeze out the shipbuilding kinetic energy of some bulk ships. Therefore, from 2022 to 2023 The new supply of bulk carriers will drop to the lowest level in recent years. Under the circumstance of effectively restricting supply, a series of eco-ships that U-Ming Marine Transport has put in place since 2014 will effectively improve its operational competitiveness.

        #