CSIC eyes design firm

Shanghai: CSIC, the northern state-run umbrella of shipyards, is in the market for ship and offshore design firms to aid concept designs across its stable of builders, top management has indicated and SinoShip News understands specifically rig designer GustoMSC is being eyed as an acquisition. The designer’s parent SBM is looking to offload the designer before the end of this financial year. While CSIC feels it can compete with the Koreans when it comes to detailed design, it acknowledges its weakness in concept design.  [13/09/12]

Related Posts