Qidong-based shipyard's production lines run at full speed
It's full steam ahead at one Chinese shipyard. Based in Qidong – a county-level city administered by Nantong in East China's Jiangsu province – Nantong CIMC Sinopacific Offshore & Engineering Co Ltd, or CIMC SOE, is an international company specializing in building liquefied natural gas or LNG vessels and tanks, among other things. [Photo/ntfabu.com]
Currently, CIMC SOE's orderbook is valued at some 3 billion yuan ($447.1 million). In the first four months of this year alone, it generated 400 million yuan in sales and delivered three LNG tankers and various LNG tanks that are used on the ships. [Photo/ntfabu.com]
Employees of CIMC SOE get busy fabricating LNG tanks that are used on vessels. [Photo/ntfabu.com]