Largest Shipbuilding Enterprise in South China

June 24, 2009

According to a report from People’s Daily Online, three major central state-owned enterprises (SOEs), China State Shipbuilding Corporation (CSSC), Baosteel Group Corporation and China Shipping (Group) Company, have joined hands to establish CSSC Guangzhou. With a registered capital of $0.4b, it is jointly funded by CSSC, Baosteel and China Shipping with their investment accounting for 60, 30 and 10 percent respectively.

(Source: People's Daily Online)

Logistics News

Guinea Exports Record 48.6 Million Tons of Bauxite

Guinea Exports Record 48.6 Million Tons of Bauxite

ASRY Hosts First Innovation Forum with Lumofy

ASRY Hosts First Innovation Forum with Lumofy

Osbit Opens New Offshore Wind Facility in Port of Blyth

Osbit Opens New Offshore Wind Facility in Port of Blyth

Red Sea Bypass Contributed to Containers Lost in 2024

Red Sea Bypass Contributed to Containers Lost in 2024

Subscribe for Maritime Logistics Professional E‑News

Moody's: India's new rules on infrastructure lending will support loan growth
Poland's Orlen won't buy Russian oil anymore, CEO of the company says
Dubai at 17-year High, Dubai and other Gulf markets mix in early trading