China Plans Shipuilding Expansion on SE Coast

China Daily
Thursday, January 24, 2013

Fujian province expects to have the ability to build more than 8 million deadweight tons of ships each year, by the end of 2015.

The government’s “11 Measures to Transform and Upgrade the Shipbuilding Industry” calls the province to develop into an important shipbuilding base on the southeast coast of China within three years, by raising its national industrial status and technological level, reports the China Daily.

It is expected to get close cooperation from four industrial zones - Sansha Bay, Minjiang River Estuary, Meizhou Bay, and Xiamen-Zhangzhou Bay – which will work to develop two or three major enterprises that can produce one-million-DWT ships each.

The planners will evaluate production conditions and encourage the use of more modern methods and technical and R&D centers above the provincial level, which need new research equipment.

The province will accelerate construction work on key projects, including Mawei Shipbuilding Heavy Industries, on the Minjiang estuary, while key provincial projects will enjoy some assistance in use of sea area.

There will also be an extension of a 30-percent property and mortgage subsidy for shipbuilders, covering ships under construction, berths, and large machinery, while the financial guarantors of small enterprises can receive rewards depending on the amount of the guarantee.

Source: China Daily
 

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

Shipbuilding

TOTE, Saltchuk Secure Financing for Marlin Class Vessels

Maritime Administration to Provide Title XI Loan Guarantee for World’s First LNG Containerships Today, the U.S. Maritime Administration (MARAD) announced a $324.

All-electric Tube Benders Take a Step Forward

The tube bending machine innovator Unison said it is moving the technology forward again, with the completion of a groundbreaking all-electric machine that is capable

Navantia Orders Sedni IAS for PEMEX Flotel

Sedni secures an important contract with Navantia to supply its Automation System (IAS) Diamar for the flotel vessel (BAP) which is being built at Ferrol factory for PEMEX owner.

News

TOTE, Saltchuk Secure Financing for Marlin Class Vessels

Maritime Administration to Provide Title XI Loan Guarantee for World’s First LNG Containerships Today, the U.S. Maritime Administration (MARAD) announced a $324.

Transocean: Fleet Update Summary

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service

Navantia Orders Sedni IAS for PEMEX Flotel

Sedni secures an important contract with Navantia to supply its Automation System (IAS) Diamar for the flotel vessel (BAP) which is being built at Ferrol factory for PEMEX owner.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators
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: 0.1439 sec (7 req/sec)