Shanghai Waigaoqiao Shipbuilding (SWS) and Chengxi Shipyard, both subsidiaries of China State Shipbuilding Corp (CSSC), are facing threats of a cessation of operations due to a severe lack of work, their parent firm has warned.
China’s Huangpu Wenchong Shipyard has landed an order to build one 1,500-dwt deepwater semi-submersible crane engineering vessel for Zhengli Ocean Engineering Co.
Finnish engine manufacturer Wärtsilä is exiting a joint venture for two-stroke engines with China State Shipbuilding Corp (CSSC) and take writedowns in the second quarter.
China’s two giant state-owned shipyards both reported a fall in profit for the first quarter of 2016, impacted by the prolonged slump in the shipbuilding industry.
Engine manufacturer Wartsila and China State Shipbuilding Corporation (CSSC) have signed a letter of intent to establish a new joint venture company to focus on China's growing market for electrical & automation (E&A) solutions for marine...
China’s CSSC Huangpu Wenchong Shipbuilding has been awarded an order to build one 38,800-dwt dry bulk carrier for its associate firm CSSC (Hong Kong) Shipping Company, reports said.
China State Shipbuilding Corp (CSSC) will inject RMB400m ($60.8m) into its loss-making subsidiary CSSC Chengxi Shipyard, in line with a request from the relevant authorities.