Nantong COSCO KHI Ship Engineering (NACKS) seems to achieve a steady development, amid troubled shipping and shipbuilding markets.
In the first four months, NACKS delivered a total of nine newbuildings cumulative of a 1m dwt on schedule, a new record since its establishment, it announced on April 27. 
Production value increased by in the excess of 10% on the same period last year.
NACKS is under procedure of expanding initial capacity of 0.56m dwt to 3m dwt and its capacity now stands at over 2m dwt.
Also, it plans to enhance its competitiveness by developing new-size vessels.