Shanghai Shipyard to lay off 1,000 workers

Shanghai Shipyard to lay off 1,000 workers

CSSC-affiliated Shanghai Shipyard is going to lay off 1,000 employees by the end of this year, a source at the shipyard told Splash.

According to the source, the shipyard will start the layoff through various means including early retirement, contract termination and job transfers.

Like most shipyards, Shanghai Shipyard is suffering from a lack of new orders. So far this year it has won an order for four 2,500 teu containerships from Zhonggu Shipping and two survey vessels from two domestic geological survey institutes.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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