Tianjin Gets OK for Shipbuilding Industrial Fund

Friday, September 05, 2008

's National Development and Reform Commission has recently approved , a municipality in the north of the country, to prepare for establishment of a CNY 20 billion shipbuilding industrial investment fund.
It is the second industrial investment fund the city sets up after Bohai Industrial Investment Fund was launched. So far, is the pilot city with the most industrial investment funds the authority permitted nationwide.
Since the CNY 20 billion Bohai Industrial Investment Fund debuted at the end of 2006, various funds have been mushroomed. There have been more than 100 equity and VC investment funds there.
The shipbuilding industrial investment fund will directly fund purchase of large-sized ships and special vessels, strengthen the country's shipbuilding capacity and create a financing system for shipbuilding and operating.

Source:  Trading Markets

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Keppel Delivers Jackup to UMW-OG

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered UMW Naga 8, a KFELS B Class jackup rig, to Malaysia’s UMW Oil & Gas Corporation Berhad (UMW-OG).

Rolls-Royce to Design, Equip Canadian Stern Trawler

The shipbuilding company VARD Group AS in Norway has received an order from a Canadian company for a shrimp stern trawler to be designed and equipped by Rolls-Royce,

Rapid Oil Spill Response Vessel Launched

Western Canada Marine Response Corporation (WCMRC) launched their newest oil spill response vessel in Burrard Inlet. The boat, named after former employee George Penman,

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1381 sec (7 req/sec)