Chinese Shipbuilding Giant CSSC Appoints New Chairman
China State Shipbuilding Corp (CSSC) said on Monday Lei Fanpei would become the Chinese state shipbuilder's new chairman, replacing the incumbent Dong Qiang. Lei will relinquish his duties as the chairman at the China Aerospace Science and Technology Corp, the country's space agency, CSSC said in a statement on its website. It did not say where Dong would move to. CSSC is one of China's two largest shipbuilding conglomerates, alongside its rival China Shipbuilding Industry Corp. Its yards include Shanghai Waigaoqiao Shipbuilding and Hudong-Zhonghua Shipbuilding whose products range from cruise ships to frigates and its listed unit is China CSSC Holdings. Reporting by Brenda Goh
MAN, CSIC Extend Two-stroke Agreement
MAN Diesel & Turbo renewed its contract with Chinese two-stroke licensee, China Shipbuilding Industry Corp. (CSIC). Signed at a ceremony in Beijing on February 3, 2015, the agreement runs for the next 10 years and covers the production of low-speed engines at CSIC affiliates: Dalian Marine Diesel Co., Ltd (DMD), Yichang Marine Diesel Engine Co., Ltd (YMD), Qingdao Haixi Marine Diesel Co., Ltd (QMD). Dr. Besides Dr. Lauber, several other, senior MAN Diesel & Turbo staff were also present in the Chinese capital for the signing ceremony…
China Ocean Orders Four VLCC's
COSCO Group has ordered 4 Very Large Crude Carriers (VLCC) from China Shipbuilding Industry Corporation (CSIC). The ceremony was attended by Chairman Ma Zehua, President Li Yunpeng, Chief Financial Officer Sun Yueying, and Executive Vice President Ye Weilong of COSCO Group, as well as President Li Changyin, Executive Vice President Dong Qiang and Executive Vice President Sun Bo from CSIC. COSCO inform that managers and executives from relevant departments and subsidiaries of the two companies also attended the ceremony.
