Search results for: cssc

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  • 7 January 2013

    Rumor has it that one of Chinese biggest integrated logistics service supplier Sinotrans CSC is in talks with China State Shipbuilding Corporation (CSSC) on a deal comprising construction of 10 supramax bulkers, SinoShip News reports. The order includes four 64,000dwt bulkers with two optional ones at CSSC Chengxi Shipyard followed by construction of four (2+2) […]

  • 16 June 2014

    Hu Wenming, Chairman of China State Shipbuilding Corporation (CSSC) recently met with CEO of Wartsila Bjorn Rosengren at CSSC’s headquarter in China. “The two sides carried practical and pleasant talks on further cooperation in the fields of two-stroke and four-stroke marine engine, land power unit, offshore engineering equipment and LNG carriers,” CSSC said in a […]

  • 7 January 2013

    Rumor has it that one of Chinese biggest integrated logistics service supplier Sinotrans CSC is in talks with China State Shipbuilding Corporation (CSSC) on a deal comprising construction of 10 supramax bulkers, SinoShip News reports. The order includes four 64,000dwt bulkers with two optional ones at CSSC Chengxi Shipyard followed by construction of four (2+2) […]

  • 10 December 2019
    Business & Finance

    CSSC, the largest shipbuilding group in the world, enters into a new strategic partnership with DNV GL.

  • 3 April 2018
    Business & Finance

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

  • 27 May 2013

    On the afternoon of May, 17, a new contract for two 38,800 DWT bulk carriers was successfully signed between Chengxi Shipyard Co., Ltd and CSSC Shipping (HK) Co., Ltd in Chengxi’s R&D building. The contract signing ceremony was attended by Mr. Zeng Xiangxin, Director of Financial Dept, CSSC Group & President of CSSC Shipping, Mr. […]

  • 27 May 2013
    Business & Finance

    On the afternoon of May 17, a new contract for two 38,800 DWT bulk carriers was successfully signed between Chengxi Shipyard Co., Ltd and CSSC Shipping (HK) Co., Ltd in Chengxi’s R&D building. The contract signing ceremony was attended by Mr. Zeng Xiangxin, Director of Financial Dept, CSSC Group & President of CSSC Shipping, Mr. […]

  • 19 November 2012

    CSSC’s Jiangnan Shipyard has received an order from China Oriental Energy for six very large gas carriers (VLGCs) with an option for additional 10 to 16 units of the same type. Delivery is expected to begin late 2014. Jiangnan Shipyard is part of China State Shipbuilding Corporation (CSSC) located in Shanghai which builds, repairs and […]

  • 4 December 2014
    Business & Finance

    Oslo-listed TTS Group ASA has through its German subsidiary TTS NFM GmbH entered into an agreement with South China Marine Machinery, controlled by China State Shipbuilding Corporation (CSSC), to establish a new joint venture company. TTS Group hopes that the new JV company, established for development, design, assembly, production and services for heavy lift marine and offshore cranes, will enhance […]

  • 23 May 2016
    Business & Finance

    Navig8 Product Tankers Inc has taken delivery of the Navig8 Grace, a 113,000 DWT LR2 tanker from China-based CSSC Offshore & Marine Engineering Company Limited, formerly known as Guangzhou Shipyard International Company. The Navig8 Grace is the first of eight vessels contracted at CSSC Offshore to be delivered to the company and is the first […]

  • 26 February 2014
    Business & Finance

    Star Bulk Carriers Corp. has entered into agreements with CSSC (Hong Kong) Shipping Company Limited to bareboat charter, two fuel efficient Newcastlemax dry bulk vessels. These vessels, each with a cargo carrying capacity of 208,000 deadweight tons, are currently under order at SWS, at a monthly hire rate for each CSSC vessel ranging between $371,000 […]

  • 21 November 2014
    Business & Finance

    Italian shipbuilder Fincantieri has signed two memorandums of understanding (MoU), one with cruise liner giant Carnival Corporation and the other with China CSSC Holdings Limited, a unit of China’s shipbuilding conglomerate China State Shipbuilding Corporation (CSSC).  The agreements are aimed at exploring the possibility of joint ventures in cruise shipbuilding for the Chinese market, according to Fincantieri. […]

  • 26 April 2016
    Business & Finance

    CSSC (Hong Kong) Shipping, a ship owning and leasing arm of China State Shipbuilding Corporation (CSSC), has entered into a USD 245 million ten-year club senior secured loan to finance the construction of six Newcastlemax bulk carriers. Led by Standard Chartered Bank and Bank of America, who were joined by Société Générale, the facility was provided to the company. This […]

  • 23 September 2016
    Business & Finance

    Italian shipbuilder and ship designer Fincantieri and China State Shipbuilding Corporation (CSSC) signed a non-binding agreement with Carnival Corporation and CIC Capital Corporation (CIC Capital) for the construction of the first two cruise ships to be built in China for the Chinese market, with an option for two more ships. The understanding is subject to several […]

  • 11 September 2015
    Project & Tenders

    Yuan Heng Gas informed it has signed a memorandum of understanding with CSSC (Hong Kong) Shipping Company, a CSSC unit, for the provision of USD10 million financing.

  • 4 December 2014
    Business & Finance, Equipment

    TTS Group’s subsidiary TTS NFM GmbH in Hamburg, Germany has entered into an agreement with South China Marine Machinery, controlled by China State Shipbuilding Corporation (CSSC), to establish a new joint venture company. TTS Group says that this new joint venture company was established for development, designs, assembly, production and services for heavy lift marine and offshore […]

  • 29 April 2020
    Project & Tenders

    Chinese shipbuilding giant China State Shipbuilding Corporation (CSSC) has won a deal for the construction of twelve dual-fuel tankers. The order was booked by Bank of Communications Financial Leasing (Bocomm Leasing) which has secured charters for the newbuilds from the energy major Shell. Shell will charter the 120,000-ton dual fuel LR2 tankers for seven years […]

  • 29 November 2013

    From January to September of 2013, China State Shipbuilding Corporation’s (CSSC) industrial structure adjustment demonstrated initial effectiveness and operating revenue grew by 16% year-on-year. CSSC realized a breakthrough in contracting of “double high” ships and offshore engineering products by innovating business models and introducing many kinds of energy-saving & environment-friendly green ships with strong competitiveness […]

  • 8 August 2013

    The two leading Chinese companies in energy and shipbuilding, CNPC and China State Shipbuilding Corporation (CSSC) signed a strategic cooperation agreement in Beijing on August 6. CNPC Chairman Zhou Jiping, CNPC President Liao Yongyuan and CSSC Chairman Hu Wenming had a discussion on promoting cooperation between the two companies, and attended the signing ceremony. CNPC […]

  • 3 December 2015
    Business & Finance

    The world’s first smart ship has been revealed at the Smart Ship Development Forum & Smart Ship Demo “i-Dolphin” Release Meeting held on December 1st in Shanghai, China. The entire ship will be run on smart systems, optimizing everything while maintaining safe operations. The 38,800 dwt smart ship project is the first civilian program of CSSC […]

  • 6 February 2015
    Business & Finance

    An inspection by China’s central government anti-corruption team found that the state-backed shipbuilding giant China State Shipbuilding Corporation (CSSC) has been involved in corruption activities, according to the Central Commission for Discipline Inspection. The corruption activities have been uncovered in the procurement department of CSSC, involving the shipbuilding company’s senior officials. Most of the illegal […]

  • 27 February 2014

    Since the beginning of 2014, China State Shipbuilding Corporation (CSSC) has continued with the good order intake trend, securing new merchant ship orders of 4.15 million DWT. The new orders taken in January passed the $1.5 billion mark, which accounts for about 60% of domestic gross and 25% of global gross in DWT. At the […]