Greater ChinaShipyards

Former Chinese shipbuilding supremo jailed for 13 years

Photo of Sam Chambers Sam ChambersDecember 28, 2023
1,649 Less than a minute

Hu Wenming, the ex-chairman of state-run China Shipbuilding Industry Co (CSIC), has been handed a 13-year jail sentence as well as a $700,000 fine after authorities find him guilty of multiple graft charges over a 20-year period. 

Hu had been the most powerful man in China’s shipbuilding industry. He started out from Aviation Industry Corporation of China (AVIC) and was appointed as chairman of CSSC in 2012 and chairman of CSIC in 2015 in state-owned enterprise management swaps arranged by the central government.

Photo of Sam Chambers Sam ChambersDecember 28, 2023
1,649 Less than a minute
Photo of Sam Chambers

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.
Back to top button