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Qingshan Shipyard to quit shipbuilding

Qingshan Shipyard to quit shipbuilding

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Wuhan-based Qingshan Shipyard, an affiliate shipyard of Sinotrans & CSC, is going to quite the shipbuilding business as it looks to transform its business amid the continued recession in the shipbuilding market.

Sinotrans & CSC Shipbuilding Industry, the parent of Qingshan Shipyard, has confirmed that the shipyard will quit shipbuilding after the delivery of the last three ships and switch its focus to steel structures.

An official at Sinotrans & CSC Shipbuilding Industry told Splash that the move is part of its efforts to restructure the company’s assets after the merger between Sinotrans & CSC Group and China Merchants Group.

In the meantime, Qingshan Shipyard is also in negotiations with domestic container shipping company Zhonggu Shipping to convert the shipyard into an intermodal container distribution centre.

Qingshan Shipyard has delivered a total of eight ships so far this year and it is now building two 64,000dwt bulkers for German owner Oldendorff Carriers and one 43,000dwt bulker for Greek owner Phoenix Shipping and Trading.

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Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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