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STX Dalian Engine delays threaten vessel deliveries

Saturday, 07 September 2013 | 00:00
STX Dalian Engine, the propulsion arm of financially troubled STX Dalian, is having difficulties delivering products to several domestic shipyards which may cause delays on ship deliveries at the yards.
A source at a private shipyard in China said that the delivery of a containership under construction at the shipyard might be delayed as STX Dalian Engine couldn’t deliver the engine on time, and the shipyard might face cancellation from the shipowner.
The yard is currently in talks with STX Dalian Engine and hoping they ship the parts to another engine builder in China to finish assembling it.
A source at a local shipping company told SinoShip News that STX Dalian Engine couldn’t deliver the engines because some of its suppliers have stopped supplying components to them due to non-payment.
Source: Sino Ship News
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