CSSC Wartsila Engine Co (CWEC), a joint venture firm between Wartsila and China State Shipbuilding Corporation (CSSC), has opened a new production factory in Lingang, Shanghai.
Wärtsilä is gaining traction for its ballast water management systems in China, announcing it has signed a manufacturing license agreement with China State Shipbuilding Corporation (CSSC) unit Jiujiang Precision Measuring Technology Research...
China State Shipbuilding Corp (CSSC) has signed a strategic cooperation with Bank of Communications last Friday, allowing the shipbuilder to benefit from a five-year financial support, reports said.
Singapore’s Pacific Radiance, through its joint venture firm CA Offshore Investment Inc, has issued notices of arbitration to two Chinese shipyards to claim for $5.55m over their failure to deliver a pair of PSVs.
Shanghai Waigaoqiao Shipbuilding (SWS) has secured RMB2bn ($296m) worth of credit facilities from a consortium of three lenders, led by Zhong Chuan Finance Co (ZCFC), a unit of China State Shipbuilding Corp (CSSC).
Equipment supplier MacGregor is forming a joint venture in China with China State Shipbuilding Corporation's (CSSC) Nanjing Luzhou Machine Co (LMC).