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The Biggest Contract Ever in the History of Jotun Signed in China

Published on 2008-03-05. Author : SpecialChem

The new year has brought good news to JCMC (Jotun COSCO Marine Coatings). On January 2, 2008 JCMC signed a paint contract for 80 vessels to be built at Dayang Shipyard. This is not only the first NB contract Jotun China secured in 2008, but also the biggest contract ever in the history of Jotun. The total contract value is around USD 50 million, and includes a total volume of 10 million liters of paint to be supplied for:

  • 75 x 58,000 DWT bulk carriers
  • 5 x 16,500 cubic meter LPG

Dayang Shipyard is a middle size shipyard along the Yangtze River. After years of hard work with the yard people of all levels, Jotun has now got a market share of almost 90 per cent in this young and promising shipyard. The process towards winning this contract started almost one year ago through several meetings with representatives from both the yard and the involved owners, both in China and abroad. JCMC would not have been able to secure this huge project without the most effective assistance from the Jotun offices in the owner countries; Jotun Greece, Jotun USA and Jotun France.

Source: Jotun

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