Greater ChinaShipyards

Yangfan workers widen protest seeking government support

Over 500 workers of financially troubled Yangfan Shipbuilding protested in front of a government office on Saturday to seek help regarding unpaid salaries.

The latest protest follows a protest at the yard in May. According to a representative of the workers, the local government has contacted two major shareholders of the shipyard, Qingdao Huatong Group (22%) and Jianlong Group (78%), asking them to solve the issue as soon as possible.

State-backed Qingdao Huatong has proposed to Jianlong Group that the two companies jointly pay RMB150m ($22.5m) to solve the issue, however Jianlong Group has yet to respond.

When contacted by Splash, an official at Jianlong Group declined to comment on the issue.

Construction of commercial ships at the yard, including four 206,000dwt bulkers for Trafigur, has been suspended while military orders are still under construction. Yangfan is facing the risk of further cancellations. Italian owner D’Amico has already cancelled four 64,000dw bulk carriers ordered from the yard.

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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