SMC signs project with the Bank of Communication Financial Leasing

Schulte Marine Concept has signed a new agreement with the Bank of Communication Financial Leasing, China. S.M.C is to provide plan approval and site supervision services for two 82,000 DWT bulk carriers, which will be constructed in Chengxi Shipyard, China.

For SMC this is another step towards becoming a technical consultant and business partner for non-shipping companies who enter the ship owning sector for newbuilding projects. Thus far, SMC has been providing its services to other financial companies such as ICBC Leasing and CDB Financial Leasing.

On September 18th, following the signing of the agreement, the production kick-off meeting took place and in attendance was the site manager and technical director from SMC The project is expected to be completed by end of 2019.