CMIC Wins the Offshore Key Equipment System Orders

CMIC and CTW (Tianjin) Offshore Engineering Co., Ltd. (CTW) held the ceremony for signing of a strategic cooperation framework agreement and supply of 4 units of jacking systems to CTW.

The strategic cooperation framework provides the basis of cooperation for the construction of liftboats, to jointly develop front-end customer resources, provide better services for the back-end operations and for the further development of the maintenance service market.

CTW is a private company in the business of marine engineering technology research, consultation and services and marine engineering equipment manufacturing, sales and rental services, and is mainly engaged in the design, manufacture supervision and marketing of self-jacking system & self-propelled units.

CTW is one of three companies in the world that have full design capacities for self-jacking system & self-propelled units. CTW has been widely praised by customers and recognized by the market with continuous orders in recent years due to its outstanding product design concept and performance.

CMIC has a sound track record of cooperation with CTW. 2 complete sets of LIFTBOAT jacking systems have already been delivered by CMIC to CTW in the first half of this year. The total contractual amount of the 6 complete sets of LIFTBOAT jacking systems is RMB156 million which includes both the 2 sets already delivered and the 4 new sets signed this time.

In addition to the above 6 sets, both parties have agreed to sign 2 more complete sets of LIFTBOAT jacking systems and electrical control systems. All orders are for overseas ship-owners. In the future, the cooperation between the parties will focus on further enhancing product technologies, accelerating delivery and improving after-sales services, etc.