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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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