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).
Greece’s Diana Shipping Inc. has come to an agreement with China Shipbuilding Trading Company and Jiangnan Shipyard, subsidiaries of China State Shipbuilding Corp (CSSC), to extend the delivery dates of two newbuild dry bulk carriers.