CANSI: Diversification key to China’s shipbuilding future

CANSI: Diversification key to China’s shipbuilding future

Beijing: China’s shipbuilding industry is facing a structural change with the recently released shipbuilding “white list” by the government, Guo Dacheng, president of the China Association of National Shipbuilding Industry (CANSI) tells Maritime CEO today. Those on Beijing’s white list will find accessing funds easier.
“Currently solving the overcapacity problem in the traditional shipbuilding market is our priority, and we are also lacking capacity in the high-end markets including LNG ships and offshore equipment. The recently released white list is not to phase out the smaller shipyards, but to help them raise their standard and find the right market segments, it will help eventually facilitate the structural change of China’s shipbuilding industry,” Guo says.
Guo is keeping a close eye on the progress of cruise building in China, amid the recent signing between state run shipbuilding conglomerate CSSC, global cruise giant Carnival and European builder Fincantieri.
“We are very excited about building cruise ships in China, currently CSSC is working on the various preparation work and I think we will enter this market in the very near future and it will be a new breakthrough of China’s shipbuilding industry,” Guo reckons. [29/10/14]

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