Chinese repair yard to enter Brazil market

Chinese repair yard to enter Brazil market

One of China’s best known ship repair yards is to enter the Brazil market. Zhoushan IMC-Yongyue Shipyard and Engineering will partner with Brasil Basin Drydock Company (BBDC), a joint venture between McQuilling and Promon Engenharia, to participate in Empresa de Docagens Pedra do Ingá (EDPI). The new facility is set to become the largest repair yard in northeast Brazil located in the state of Paraíba.

The Tsao family controlled IMC, a famous name in Singapore shipping circles, is one of the partners behind Zhoushan IMC-Yongyue Shipyard and Engineering.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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