Tag Archive For "CSIC"
CSSC and CSIC Merger Intentions
This week the two largest Chinese shipbuilding groups China State Shipbuilding Corporation and China Shipbuilding Industry Corporation announced their intention to merge. If combined the Chinese mega yard’s orderbook will become the largest in the world when measured by number number of orders, dominating Capesize newbuilding orders. Currently there are 205 Capesize vessels on order, …