Sinopacific enters Mexican market

August 6, 2014

Sinopacific Shipbuilding Group has been contracted by Mexican shipping company Naviera Petrolera Integral to construct three SPP17A offshore support vessels (OSV), marking the Chinese company’s first foray into the Mexican market.

The vessels, which are certified by the American Bureau of Shipping, will be constructed in Zhejiang Shipyard, Sinopacific Shipbuilding Group's private yard in eastern China. The company says the yard has “accounted for more than one-third of the world’s market share for ocean engineering [vehicles].”

Developed in-house by Shanghai Design Associates, a branch of Sinopacific, the vessel weighs about 1765Gt and is nearly 62m long. The deadweight tonnage is 1700-tonnes, and its service speed is 12knots. Sinopacific constructed its first SPP17A in August of 2011. 

It has been a busy week for Sinopacific. On 1 August the company announced that it signed a contract with Singapore's Vallianz Holdings Ltd. for four of its SPA60 vessels, another SP-class OSV.

The SPP17A vessels will be used by Mexican state-owned Petróleos Mexicanos (Pemex) in the Gulf of Mexico and are expected to be delivered before YE 2015.

Naviera Petrolera Integralto has two locations, in Mexico City and in Ciudad del Carmen, near the Bay of Campeche. Pemex operates a number of oil fields in the Bay of Campeche, including its aging giant Cantarell, the Ku-Maloob-Zaap development, and Ayatsil, due to hit peak production in 2018-2019.

As part of the country's new energy reform, Mexico is seeing a growing wave of foreign patnerships and investors, including Singapore's POSH, Denmark's MacArtney, Japan's Mitsui and GE Oil & Gas

Rendering of the SPP17A from Sinopacific.

Read more:

Mexico's energy reform marches on

Pemex to invest billions in Cantarell

Ayatsil-B platform complete

Seven die constructing Ayatsil-C platform



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