Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IM Skaugen continues Chinese push

IM Skaugen continues Chinese push

Shanghai: IM Skaugen (IMS) has received approvals from the PRC Government to set up new company Skaugen Marine Construction (SMS) in Shanghai, in support of the group's newbuilding activities in China. The new company will directly control vessel and cargo handling system design, as well as steel sourcing and the construction process through to vessel construction. In all IMS has now formed, or is forming, 10 companies in China ?" seven of which are jv's ?" to support its strategic involvement in China. Last year the group embarked on a programme to build 15 gas carriers in China, orders for nine of which have already been placed with the remainder to be confirmed 'during the next quarters'.  [11/09/06]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.