The first K50 vessel being built at Afai Ships' Panyu shipyard is close to completion and work has started on a second, according to officials. The superstructure was complete and the bow was being attached to the 80-metre vessel, with a capacity of 450 passengers and 89 cars, which is the first high-speed passenger/car ferry to be built in China. The interior is being fitted with electrical and mechanical installations. Afai said work to expand its Panyu shipyard had started with the construction of buildings and conversion of existing buildings. In the next six months, two outfitting sheds, a fabrication shed and a nine-storey building for offices and living quarters with canteen will be built. 'As each vessel we are building is getting larger and larger, more manpower and materials are needed to accommodate the increased needs,' the company said.