LR Asia, China Classification Sign Joint Venture

Tuesday, September 06, 2005
Lloyd’s Register Asia signed an agreement to establish a joint venture with China Classification Society (CCS). The exclusive agreement was signed by David Moorhouse, Executive Chairman of Lloyd’s Register, and Li Kejun, President of CCS.

The joint venture, to be based in Beijing, will enable the rapid roll out of a number of key products and services to the benefit of the maritime industry in China.

Lloyd’s Register Asia is keen to introduce more of its established products and services into China, while CCS has a large Chinese client base and wishes to widen its portfolio. The agreement will make it possible for both parties to introduce relevant products and services, in Chinese, in a much shorter time than would otherwise be the case.

“The Chinese-owned classed fleet, now standing at 26 million gt, is set for continuous growth,” says Moorhouse. “For instance, 15% of oil imports into China are currently shipped on Chinese-owned vessels, but targets have been set to increase this volume to 50% by the year 2015. This joint venture will extensively widen the scope of technical services available to the Chinese maritime community. ”

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

Concordia Maritime Charters 2 P-MAX Tankers

Concordia Maritime signed time-charter contract for two P-MAX tankers and launched a pool with four vessels. The time-charter contracts are with Stena Bulk and

Royal IHC Launches Subsea 7’s Seven Rio

Royal IHC (IHC) has today successfully launched Subsea 7's 550t pipelaying vessel, Seven Rio, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming

EU Regs on Ship CO2 Reporting Complicates IMO Agreement

ICS Concerned that EU will Preempt IMO CO2 Negotiations.   The global trade association for shipowners – the International Chamber of Shipping (ICS) – is disappointed

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Winch
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: 0.1907 sec (5 req/sec)