New Dayang Shipbuilding has celebrated its rechristening and the naming of its first ship under its new corporate identity.
And its new shareholders rather than its customers were quite literally at the forefront of the event. The second row, too, was packed with state-owned enterprise (SOE) executives and provincial and municipal Communist Party officials.
The occasion for the formal reopening ceremony was the naming of New Dayang's first ship, Avic International Leasing's 63,300-dwt Aries Confidence (built 2018), along with a letter of intent for a series of bulkers for China Development Bank Financial Leasing (CDB FL), which TradeWinds reported last week.
