Search results for: China Shipbuilding Industry Corporation

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  • 28 June 2019
    Business & Finance

    The agreements include major shipbuilding, conversion, charter and financing deals.

  • 5 April 2005

    Finland’s Wartsila Corporation and China Shipbuilding Industry Corporation (CSIC) had entered into an agreement recently, according to which the two Corporations will further strengthen cooperation in ship design, and research & development of diesel engine and its parts.

  • 2 November 2015
    Business & Finance

    Chinese shipping and logistics conglomerate Sinotrans & CSC Holdings has signed four contracts that will involve construction of 12 new ships at one of the largest shipbuilders in China, the company said today. Namely, the company announced signing of contracts with the China Shipbuilding Industry Corporation (CSIC) for six 38,000-ton woodchip carriers, four 1900 TEU containerships and two 50,000-ton oil tankers. Details […]

  • 2 December 2015
    Business & Finance

    China Shipbuilding Industry Corporation (CSIC) has revealed intentions to launch a financial leasing arm aimed at providing financing for companies interested in ordering high-end ships but lacking the necessary funds to do so. These ship types include LNG carriers and cruise ships. According to CSIC President Sun Bo, quoted by Reuters as saying at a press […]

  • 7 September 2017
    Business & Finance

    China Shipbuilding Industry Corporation (CSIC), which suspended trading of its stock back in May due to a “major asset restructuring”, is scheduled to sign an agreement with an unnamed party on the matter next week. CSIC revealed in a regulatory filing that it is expected to sign a deal on the company’s reorganization on September […]

  • 2 July 2019
    Business & Finance

    On July 1, China Shipbuilding Industry and China State Shipbuilding said they were in talks on a potential merger.

  • 25 October 2019
    Business & Finance

    China has given the green light to a merger of the country’s two shipbuilding majors, Reuters reported.

  • 12 April 2016
    Business & Finance

    ICBC Financial Leasing Co has disclosed the names of builders of its ten 400,000 dwt VLOCs intended to transport iron ore from Brazil to China under a recently sealed deal with Brazilian mining conglomerate Vale. Six Valemaxes are to be built by China’s privately-owned Yangzijiang Shipbuilding whereas the remaining four VLOCs are to be constructed by China Shipbuilding Industry […]

  • 21 September 2015
    Business & Finance

    China’s Shanhaiguan Shipbuilding Industry signed contracts with companies affiliated with Dalian Port Group to build two 1,100 TEU container ships with options for four more, the shipbuilder’s parent company China Shipbuilding Industry Corporation (CSIC) disclosed on September 18. The boxships were ordered by Dalian Jifa Ship Management, a joint venture between Dalian Port Group and Dalian Jifa Bohai Rim Container […]

  • 21 September 2015
    Business & Finance

    China’s Shanhaiguan Shipbuilding Industry signed contracts with companies affiliated with Dalian Port Group to build two 1,100 TEU container ships with options for four more, the shipbuilder’s parent company China Shipbuilding Industry Corporation (CSIC) disclosed on September 18. The boxships were ordered by Dalian Jifa Ship Management, a joint venture between Dalian Port Group and Dalian Jifa Bohai Rim Container […]

  • 17 August 2017
    Business & Finance

    Shanghai-listed China Shipbuilding Industry Corporation (CSIC ) has signed a debt-for-equity swap agreement with eight state-backed investors worth up to RMB 21.9 billion (USD 3.28 billion). The shares to be sold relate to CSIC’s two subsidiaries, Dalian Shipbuilding Industry (DSIC) and Wuchang Shipbuilding Industry (WSIC), which have sustained a massive blow from the downturn of the […]

  • 27 September 2006

    China Shipbuilding Industry Corporation, W

  • 11 April 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    An international consortium, led by China Shipbuilding Industry Corporation, has been established to deliver a tidal stream turbine for the Chinese state-owned power company China Three Gorges.

  • 4 April 2008

    According to Mr Zhang Jiaguo chief analyst with the economic research center of China Shipbuilding Industry Corporation, China’s demand for shipbuilding steel would come to 41.52 million tonnes during 2006 to 2010, 8.3 million tonnes on average annually and during 2011 to 2015 and the figure will total 51.41 million tonnes or 10.28 million tonne […]

  • 8 June 2010

    Yichang Marine Diesel Engine Co., Ltd. (YMD), a group company of China Shipbuilding Industry Corporation (CSIC), has completed production of its first Mitsubishi-UE low-speed marine diesel engine under a technology licensing arrangement with Mitsubishi Heavy Industries, Ltd. (MHI).

  • 8 May 2013
    Business & Finance

    Qingdao Beihai Shipbuilding Heavy Industry Co., Ltd. (BSIC), China Shipbuilding Industry Corporation’s subsidiary,  has been awarded a construction contract for four 250,000 dwt very large ore carriers (VLOCs) by Chinese state-owned Shandong Shipping Corporation, Sinoshipnews informs. The vessels are expected to be completed within the following three-year period. The four VLOCs will be engaged in transportation […]

  • 27 April 2007

    The European Commission’s competition authorities have cleared the joint venture being formed by Wärtsilä, China Shipbuilding Industry Corporation (CSIC) and Mitsubishi Heavy Industries (MHI). The joint venture will manufacture large low-speed marine engines in China. CSIC’s ownership in the the joint venture will be 50%, Wärtsilä’s 27% and MHI’s 23%. The production is expected to […]

  • 9 April 2013

    China Shipbuilding Industry Corporation’s subsidiary Qingdao Beihai Shipbuilding Heavy Industry recently secured a contract to build a series of 250,000 DWT very large ore carriers (VLOCs) for Shandong Shipping. According to Eshiptrading’s citation of industry sources, the owner is planning up to 10 series and the first batch is to be built by Qingdao Beihai. It […]

  • 3 April 2018
    Business & Finance

    CSSC and CSIC denied reports of a combination saying that they are not planning a merger.

  • 25 February 2014

    MacGregor, part of Cargotec, has secured an order from Wuchang Shipbuilding Industry for a 100-tonne SWL active heave-compensated subsea crane. The MacGregor crane will be installed on the anchor handling tug supply (AHTS) vessel, currently under construction for the offshore specialist, China Oilfield Services Limited (COSL). Wuchang Shipbuilding Industry, a subsidiary of one of China’s […]

  • 29 June 2011
    Business & Finance

      SENER and China Ship Development and Design Center (CSDDC) have signed a Memorandum of Understand for the implementation of the shipbuilding CAD/CAM FORAN system in CSDDC and for the collaboration in ship design and engineering activities and other marine related works. The agreement has been signed in Madrid at SENER headquarter, during a visit […]

  • 25 February 2014
    Business & Finance

    MacGregor, part of Cargotec, has secured an order from Wuchang Shipbuilding Industry for a 100-tonne SWL active heave-compensated subsea crane. The MacGregor crane will be installed on the anchor handling tug supply (AHTS) vessel, currently under construction for the offshore specialist, China Oilfield Services Limited (COSL). Wuchang Shipbuilding Industry, a subsidiary of one of China’s […]