In what’s called a “strategic restructuring,” China’s two state controlled shipbuilding giants —China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC) — are preparing to merge. The detailed plan for
DECEMBER 23, 2017—Class society ABS has granted Approval in Principle (AIP) for a new very large ethane carrier (VLEC) concept developed by China’s Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., a member of the
MARCH 7, 2017 — Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed a new joint venture company agreement. The new joint venture, to be known as CSSC Wärtsilä Electrical & Automation
FEBRUARY 22, 2017 — Carnival Corporation & plc reports that its its cruise joint venture in China has signed a new memorandum of agreement (MOA) to order the first-ever cruise ships built