Yangzijiang Shipbuilding teams up with CSBC

Yangzijiang Shipbuilding teams up with CSBC

Yangzijiang Shipbuilding has signed a strategic agreement with Taiwanese shipbuilder CSBC to expand cooperation in shipbuilding projects.

Under the agreement, the two shipyards have agreed to complement each other’s shipbuilding capacity. The parties will also jointly purchase equipment and bid for shipbuilding projects in order to reduce cost.

Yangzijiang will start building some ship blocks for CSBC’s 14,000 teu containerships.

CSBC currently has orders for 30 ships on hand which will keep the shipyard busy until the third quarter of 2017.

It was reported that CSBC was looking to establish a joint venture shipyards in Mainland China as part of its long term growth plan. Wang Haitao, executive vice president of CSBC, said the yard had already started negotiations with some private yards in China.

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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