Chinese shipbuilder acquires equipment manufacturer"

SPACER SPACER SPACER SPACER SPACER SPACER
MARINE LOG MAGAZINESave the dates!
SPACER SPACER SPACER SPACER SPACER SPACER
CURRENT ISSUE

NUCLEAR PROPULSION
Nuclear power for merchant ships?

A great idea whose time has come
A great idea ...one day
A great idea ... not going to happen
Not a great idea anytime

October 12, 2010

Yangzijiang Shipbuilding acquires equipment manufacturer

"Vertical integration" is alive and well in China. And while marine equipment manufacturers worldwide view China as a massive export market, Chinese shipbuilders may not see "partnership" with outside suppliers as a long term ideal.

China's Singapore-listed Yangzijiang Shipbuilding (Holdings) Ltd. (YZJ) says that a new subsidiary, Jiangsu Yangchen Equipment and Materials Co., Ltd. (JYCEMCO) has been incorporated in the People's Republic of China through its wholly-owned subsidiary, Jiangsu New Yangzi Shipbuilding Co. Ltd.

The core business of JYCEMCO is related to the supply of marine equipment and materials. The investment is expected to reduce the dependency of YZJ's shipbuilding activities on equipment supplies from third parties.


marine log logo