CSIC Aims High

Monday, March 03, 2008
China Shipbuilding Industry Corporation (CSIC) said it strives to rank among the global top 500 by 2015, according to a report on Xinhua.

The company's shipbuilding orders total more than 260 million tons, up 84 percent year-on-year. Major ship factories had been fully scheduled until 2010.

Latest statistics showed that the company's total revenue reached 87.1 billion yuan ($12.2 billion) in 2007, while the revenue from main business and the profit stood at 80.6 billion yuan and five billion yuan, respectively.

CSIC also is scheduled to finish shipbuilding and repair bases in eastern Qingdao and northeastern Dalian by the end of 2008, and initiate several other major construction projects this year.

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

Shipbuilding

Japanese Sub Pitch puts off Australian Firms

Japan had been seen as frontrunner for Australian submarine deal, but Australian defence firms unhappy after talks with Japan. A Japanese consortium eyeing a A$50 billion ($35.

Obama Pushes for U.S. Icebreakers

President Barack Obama on Tuesday will propose a faster timetable for buying a new heavy icebreaker for the U.S. Arctic, where quickly melting sea ice has spurred more maritime traffic,

G E Shipping Takes Delivery of Bulker

The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a new building Kamsarmax Dry Bulk Carrier “Jag Aakash” (81,600 dwt). The vessel was ordered

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Shipbuilding / Vessel Construction 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: 0.3516 sec (3 req/sec)