Greater China

CSBC orders extend until 2016

Taipei: Despite a depressed shipbuilding market, orders on hand at Taiwan-based CSBC Corporation will support production through to 2016 according to the company.

Robert Lai, chairman of CSBC said that as the shipbuilding industry starts to recover, new build orders have increased this year, giving the company enough orders on hand to secure production till 2016.

For long-term development the company should further expand into the offshore heavy industry, Lai continued. [19/07/13]

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