Page 14: of Maritime Reporter Magazine (October 1991)

Harland And Wolff Wins

Orders Worth $365 Million

To Build Six Bulk Carriers

Belfast-based Harland and Wolff

Shipbuilding and Heavy Industries

Ltd. (H&W) has signed agreements for the construction of six of its new generation of Cape-size bulk carri- ers with two major international shipping companies.

Three of the vessels have been ordered by Hong Kong-based Swire

Group, and the other ships are be- ing built for the diversified London shipowner and operator Cenargo.

The six-ship series, with an ap- proximate value of $365 million, brings the yard's total order book to about $870 million. These are the first orders to be won since privatization from companies other than those associated with Fred.

Olsen, the yards' main shareholder.

These new orders will provide work for the company through 1994.

Of around 160,000 dwt, the new

Cape-size bulkers were designed by

H&W and are to be hull-strength- ened in response to the spate of about 40 series bulk carrier casual- ties over the last two years. H&W's

Cape-size design was the result of considerable research and planning and offers flexibility and economy.

The ships are designed to carry mainly iron ore and coal.

The new Harland and Wolff ves- sel has been specifically designed to avoid short life span and to address the major causes of structural weak- ness which have highlighted the

The Harland and Wolff sales team, shown studying the new H&W cape-size bulk carrier design, are (from left to righ): Dr. Maria V. Moloney, general manager, marketing and business development; Per

Nielsen, managing director, shipbuilding; Dr. T. John Parker, chairman and chief executive; and Kjell

Avrin, technical director. need for radical change in design and building methods.

Believed to be one of the largest commercial orders ever placed with a U.K. yard, delivery of the vessels is scheduled to start at the end of 1993.

For free literature detailing the facilities and capabilities of Harland and Wolff Shipbuilding,

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Maritime Reporter/Engineering News