Marine Link
Wednesday, October 26, 2016

Kawasaki Heavy, China's Cosco to Build Shipbuilding Site

June 19, 2007

Kawasaki Heavy Industries Ltd plans to draw business tie-up with China Ocean Shipping Co (Cosco) to build one of the largest shipbuilding facilities in China, The Journalo said. The joint venture to be based in Dalian is expected to start operation in 2010. China's leading marine transporter Cosco would hold between 70 and 80 percent of shares in the venture, with the rest owned by Kawasaki Heavy.

The two companies expect the joint venture to double the output capacity from the current 650,000 gross tons to 1. 5 million gross tons at the new facilities. Sourc: Journalo

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News