On September 21^st 2022, “CUL LAEMCHABANG”, the finale of CULINES’ 4 1930TEU container newbuildings was successfully named and delivered at CSSC Whampoa Wenchong Shipyard Guangzhou South Salon point factory

Ms Lixin Han, the doctoral supervisor CEO from DLMU, named and cut the ribbon for the newbuilding as the god-mother. Professor Minqiang Xu, the deputy secretary of the Party Committee from DLMU, Mr. Jianqiang Lou, president of Antong Holdings Co., Ltd, Mr. Bing Luo, CEO of CSSC Huangpu Wenchong Shipbuilding Company Limited and Mr. Raymond Chen, president & CEO of CULINES attended the ceremony jointly and delivered the speech.

Mr. Lingtang Zheng, the vice general manager of Guangzhou Port Group, Mr. Keng Chen, vice president and the general manager of the Southern Region of Norwegian Classification Society Group, Mr. Yiyu Zhang, president of Linktrans Logistics Co., Ltd, Mt. Yu Yang, CEO of ship and sea business dept. from CSTC and Mr. Kevin Ding, executive vice president of CULINES and all relevant leaders jointly witnessed the signing of ship delivery documentations.

The successful conclusion of CULINES’ 1930TEU project

The smooth delivery of “CUL LAEM CHABANG” successfully concluded the project of 4 1930TEU container newbuildings that CSSC Huangpu Wenchong Shipbuilding Company Limited built for CULINES.

The 1930TEU series container vessels is the breakthrough of CULINES’ newbuildings. The delivered “CUL NANSHA”, “CUL YANGPU” and “CUL BANGKOK” have well expressed the high quality of CSSC and elegant spirit of CULINES on their sailings in Thai, Vietnamese and Mediterranean areas and “CUL LAEM CHABANG” is then planned to be delivered into South East Asia and East Med services.

CSSC has made great efforts during the construction of 1930TEU series newbuildings to overcome the delay of goods’ arrival caused by epidemic and well guaranteed the vessel quality and the high building efficiency. The construction period lasted 15 months in total, dating from July 1^st 2021 to September 21^st 2022. The delivery time of the 4 vessels is significantly earlier than that of expected with an average of five and a half for each, which comprehensively embodied the advantage of CSSC to be the leading company in container vessel construction field.  

With delivery of 1930TEU series vessels, proportion of CULINES’ self-owned shipping capacity increased to 18% and charter hire from market will decrease to 20% coupled with Antong Holdings’ cooperation. In the face of market fluctuation, participation of 1930TEU series vessels will further optimize the capacity structure of CULINES and is instrumental in cost saving advantages. It will better react to market cycles and uncertainties that benefited from more flexible service lane products. It is believed that CULINES will develop further in capacity allocation, innovation and diversity that supported from capital market to provide services to customers with higher quality and efficiency in the future.

Drink water and think of the source-Direct donation to DLMU

A good fleet needs good crews. DMLU, for example, as representative of college of marine studies, has provided high quality crews and shipping talents to our country. Crews are also one of the groups that needs to be focused and respected under epidemic environment. CULINES is the enterprise that thinks highly of ESG and always insisting to create values and contribute to society. Therefore, CULINES officially launched the directional donation to DLMU today, proposing to start with 1 million Yuan and buildup gradually. It is also the great opportunity for CULINES to show its gratitude to all crews and active support of DLMU’s “double first-class” and “world-class maritime university” construction. This including but not limited to maritime education, crew training, scientific research, talent introduction and cultivation, discipline construction, cultural construction and campus infrastructure construction etc, which will jointly contribute to the development of shipping industry.

Mr. Kevin Ding, the executive vice president, Mr. Xinyu Yang, director of office of alumni affairs and cooperation from DLMU, Mr. Raymond Chen, the president and CEO of CULINES and Mr. Minqiang Xu, the deputy secretary of the Party Committee from DLMU etc, jointly witnessed the signing ceremony.