Greater China

New offshore equipment builder in Shandong

Dalian: Shandong Offshore Engineering Equipment, which is jointly invested in by Shandong Ocean Investment, Shandong Shipping and Qingdao Shipping, has been officially established.

The company will be dedicated to the operation and management of offshore platforms and offshore support vessels, as well as offshore equipment manufacturing and repair.

According to Bao Jianying, the president of Shandong Ocean Investment and Shandong Shipping, the new company will become an important platform for the offshore industry in Shandong, and it is targeting the high-end offshore equipment market. The company will commence operations, starting with an offshore drilling rig project this year. [14/03/14]

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