China International Marine Containers Signs EPC Contract for Methanol Dual-Fuel Subsea Stone Laying Vessels with Van Oord

Deep News

Oct 16

On October 16, China International Marine Containers (Group) Co., Ltd. (CIMC) announced that during a response to investor queries, the company noted that its order intake in the first half of the year was impacted by delayed order execution, resulting in a decrease in new orders compared to the same period last year. Looking ahead, the company aims to focus on high-quality orders, with oil and gas orders primarily centered around FPSO projects, while non-oil and gas orders will mainly involve existing clients as efforts to secure new orders continue. In July, the company signed an EPC contract for 1+1 methanol dual-fuel subsea stone laying vessels with Dutch offshore giant Van Oord. As of the end of June 2025, the company’s offshore segment had a backlog of approximately $5.55 billion in orders, with scheduling extending into 2027/2028. Supported by a strong order backlog and commitments to efficient delivery, the company anticipates robust growth in revenue and profit throughout the year.

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