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.

China’s central government is planning the consolidation for several industry sectors to optimise the state-owned regional assets structure and reduce horizontal competition.

Two subsidiaries of CSSC Offshore & Marine Engineering (Comec) have received Chinese government grants totalling RMB41.59m ($6.04m) to undertake projects on developing high-tech equipment.

China State Shipbuilding Corporation (CSSC) has signed a strategic cooperation agreement with Shanghai Municipal Government to jointly promote ship and offshore engineering and other high valued services in Shanghai.

MacGregor and China State Shipbuilding Corporation (CSSC) have signed a letter of intent on strategic cooperation that will see MacGregor strengthen its presence in China.

WinGD (Winterthur Gas & Diesel Ltd) is setting up an engineering centre in Shanghai, China together with a subsidiary of CSSC (China State Shipbuilding Corporation Limited) to increase its technical capacities by 20%.

Fincantieri and China State Shipbuilding Corporation (CSSC), have signed a Memorandum of Understanding for the extension of the industrial cooperation already existing between the two groups to cover all sectors of merchant shipbuilding.

China State Shipbuilding Corporation (CSSC) has welcomed the rapid growth of its exclusive marine equipment service platform, CSSC Marine Service (CMS), during its first twelve months of trading.

Winterthur Gas & Diesel (WinGD) recently signed agreements with Wärtsilä Services and CSSC Marine Service (CMS) as authorized global service providers, thus extending their global service offerings

Handling equipment supplier MacGregor is acquiring the major marine and offshore businesses of TTS group for EUR87m.