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 Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


AMC’s Tempest in the Water

Aluminium Marine Consultants (AMC) lowered the new Crew Transfer Vessel Tempest into the water for the first time on November 16, 2015, on time and on schedule for handover mid December.

Damen’s Norway Foray

The Damen Shipyard Group’s man in Norway likes picking up the phone these days. With offshore markets in the doldrums, a unique phenomenon is occurring: “Norwegians are talking to me,

VT Halter Launches Barge for Bouchard

VT Halter Marine, Inc. (VT Halter Marine), a company of Vision Technologies Systems, Inc. (VT Systems) and Bouchard Transportation Co. announced that Barge B. No.


Scorpio Bulkers Sells Six Ships for $227 Mln

Scorpio Bulkers Inc. has entered into agreements with unaffiliated third parties to sell two Capesize dry bulk vessels and four newbuilding Capesize dry bulk vessels

Rocket Debris Found Near Isles of Scilly

A piece of metal thought to be debris from an American space rocket was recovered from the sea off the Isles of Scilly.   The metal – a large section of alloy about 10 meters by 4 meters,

NY/NJ Port Authority Sees Debt Issuance of $1.2 bln in 2016

The Port Authority of New York and New Jersey sees consolidated debt issuance of $1.2 bln in 2016 compared with $1.5 bln this year, according to its $7.9 billion 2016 budget released on Monday.

Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | 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: 0.0852 sec (12 req/sec)