CSIC Set to Triple Turnover

Thursday, June 29, 2006
According to reports China Shipbuilding Industry Corp plans to triple its turnover by 2015 when it expands its building capacity to meet rising global demand. The Beijing-based group said yesterday it expects to achieve a turnover of $18.75b in 2015. The shipbuilder plans to expand its annual output to 14 million deadweight tons in 2015, and 11 million in 2010, against last year's 4 million dwts, he said. The company said the global trade and shipping industry is fueling demand for more and larger ships and the company's production schedule is full until after 2010, adding that CSIC currently has an order book of 15 million dwts. The production facilities located in Shanghai's Lingang Industrial Park in Nanhui District are expected to achieve a production capacity of 350 sets in two or three years. Shanghai Daily
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Keel Laid, Fabrication Started on 2 Navy Warships

This week, General Dynamics Bath Iron Works celebrated two milestone events for the Arleigh Burke-class program. On October 30, Bath Iron Works held a keel laying

AVEVA E3D Takes Center Stage

Customer case studies combine with advances in asset visualization and cloud technologies to showcase a new era in the creation and management of complex Digital Assets.

Braemar Hosts Insurance Experts

Braemar (incorporating The Salvage Association) welcomed an invited group of marine insurance professionals onto its specialist port and shipyard familiarization

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1675 sec (6 req/sec)