Chinese shipbuilders CSIC and CSSC confirm merger

China’s two largest state-owned shipbuilding groups China Shipbuilding Industry Corporation (CSIC) and China State Shipbuilding Corporation (CSSC) have confirmed a plan to merge, according to the separate exchange filings released by several listed units of the two companies. Read More

CSSC to build and finance 36 newbuilds

China State Shipbuilding Corporation (CSSC), has inked newbuilding contracts for 36 newbuildngs worth a total contracts value of over RMB10bn ($1.48bn) and financed by its Hong Kong leasing arm.

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