Greater ChinaShipyards

Major restructuring of northern Chinese yards

China Shipbuilding Industry Corp, one of the country’s two major state-run shipbuilding conglomerates, will integrate six of its shipyards into three, the China Daily reports.

CSIC’s three major subsidiaries are Dalian Shipbuilding Industry Co, Bohai Shipbuilding Heavy Industry Co and Qingdao Wuchuan Heavy Industry Co will take over the running of shipbuilding Industry Co, Tianjin Xingang Shipbuilding Heavy Industry Co and Qingdao Beihai Shipbuilding Heavy Industry Co respectively.

“Many shipyards in China have excess capacity in conventional shipbuilding, but not in building complex and high value-added ships,” said Sun Bo, CSIC’s president, while outlining plans for his yards to focus on more high spec vessels.

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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