$117 million brand new Chinese ship sinks at launch

[Korean]

COSL newbuild AHTS sinks at shipyard | Airbag ship launching technology

Brand New Oilfield Support Ship Sinks at Chinese Dock
Posted January 18th, 2012

BEIJING -(Dow Jones)- A deepwater oil exploration vessel belonging to China Oilfield Services Ltd. (2883.HK) sank Saturday during construction at a dock in east China, the company said in a statement to the Shanghai Stock Exchange Wednesday.

The company is the listed rig builder and drilling-equipment arm of China National Offshore Oil Corp. (CEO), China’s largest offshore oil producer.

Water entered the supply vessel’s hold while it was under construction at a dock in Nantong city in Jiangsu province around 2 p.m. Saturday. China Oilfield said no environmental pollution resulted, adding that it is investigating the accident.

The company also said Wuchang Shipbuilding Industry Co., the shipbuilder, should be held accountable for losses.

China Oilfield had invested CNY740 million ($117 million) in the vessel’s construction.

 

[Chinese-Dragon]

lmao typical chini quality.

And yet our exports alone (not even counting total manufacturing), were worth $1.5 trillion in 2010, more than India's entire GDP.

So our "cheap and low quality goods" are worth more as exports, than the entire Indian economy every year.

 

[Interpreter]

it's really an accident,I read it from a domestic medium.It seems get several persons ecstatic.

 

[haidian]

just like that Italian cruise liner,it's not in service yet,still at the port.China is one of the biggest ship builder in the world,build hundreds of ships each year,if you dont build even one ship,you dont sink any ships.

 

[sweetgrape]

Good news never goes beyond the gate, while bad news spread far and wide.

 

[haidian]

we build hundreds of ships every year,how about India?

 

[haidian]

China as the world biggest ship builder builds hundreds of ships and one sinks
China as the second biggest satellite launchers in the world launched 19 satellites last year and one fails

what about India?

 

[oct605032048]

For the first thing, the ship didn't sink.
Secondly, as an accident, it was nether more serious nor helarious than the Costa Concord.
Finally, to the indians, make yourself a ship first then to make fun of this one.

 

[haidian]

haha,that's more like a river ferry than a ship,a town factory build that maybe,how many river boats sink in different rivers around the world every year,India is famours for ferry boats sinking.

---------- Post added at 02:45 PM ---------- Previous post was at 02:45 PM ----------

as for ocean going liners,China as the world biggest ship builder builds hundreds of ships and one sinks
China as the second biggest satellite launchers in the world launched 19 satellites last year and one fails

what about India?

 

[skyknight]

It is just only an accident...
By the way, the Wuchang shipbuilder are good at building submarines

 

[pmukherjee]

Accidents can happen to anyone. I hope there were no casualties.

 

[haidian]

Yes we are all doomed. Now then... which province next ?

I m not joking,that's seriously said by your top generals

India no match for China: Navy chief
Rahul Singh, Hindustan Times
New Delhi, August 11, 2009

Should war break out between India and China, we are doomed. Navy chief Admiral Sureesh Mehta publicly admitted on Monday that India was no match for China and there was no way New Delhi could bridge the yawning gap in its capabilities against China. He said it would be foolhardy to compare the two nations as equals.

Mehta, who retires on August 31 at the age of 62, warned:“In military terms, both conventionally and unconventionally, we can neither have the capability nor the intention to match China force for force…”

It is rare for service chiefs in India to articulate their concerns loudly. The government disapproves of it. But when a chief makes such a prophesy, he has to be taken seriously.

He said Beijing was in the process of consolidating its comprehensive national power and creating formidable military capability.“Once that is done, China is likely to be more assertive on its claims, especially in the immediate neighbourhood,” said Mehta, who as the Chairman, Chiefs of Staff Committee, is the country’s senior most military commander.

He saw ominous signs everywhere while delivering a talk on India’s national security challenges on Monday.“Whether in terms of GDP, defence spending or any other economic, social or development parameter, the gap between the two is just too wide to bridge (and getting wider by the day).”

Mehta backed his claims with figures. He said India’s annual defence expenditure of roughly $30 billion paled in front of China’s defence spending. He said the Americans pegged China’s defence budget between $70 billion and $200 billion.

“Our trust deficit with China can never be liquidated unless our boundary problems are resolved…Coping with China will certainly be one of our primary challenges in the years ahead.”

---------- Post added at 03:09 PM ---------- Previous post was at 03:08 PM ----------

china will sunk same way this ship sank.....

ok,hold your breath and pray for it..

 

[RajputWarrior]

I m not joking,that's seriously said by your top generals

Oh boy another CD in the making. It's been discussed on here before, we accept that China is ahead of India economically as well as militarily, there's no denying that. However I doubt CPC is as foolish as some of the Chinese members on here.

Let's stick to the topic, which is about a Chinese ship sinking.

 

[Chinese-Dragon]

china will sunk same way this ship sank.....

China has lasted for thousands of years.

India on the other hand, only came into existence in 1947.

 

[haidian]

Accidents can happen to anyone. I hope there were no casualties.

no worries,it is still in the dock only tilted,not sunk.