CIMC Enric, an investment unit of China International Marine Containers (CIMC) has sent an internal notice to all of its affiliate companies ordering them to suspend all business collaborations with British classification society Lloyd’s Register (LR).
The company claims that it had been treating LR as a strategic partner, however LR had sabotaged the partnership by wrongfully supporting the company’s competitors. CIMC Enric has asked all affiliate to report the timeframe to suspend business collaborations with LR for approval.
Sources told Splash that dispute between the two parties is related to patent infringement issues.
“LR has acted in good faith and only in line with our values of independence, impartiality and ethics. We are continuing to work to understand and resolve this situation,” a spokesperson from Lloyd’s Register said when contacted by Splash.
CIMC Enric currently runs a number of energy equipment manufacturers and shipyard CIMC Sinopacific Offshore & Engineering which it took it over from financially troubled Sinopacific Shipbuilding last year.