Xu Ziqiu News

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.

Major China Shipbuilder Seeks Military Orders

Chinese shipbuilding giant, China Shipbuilding Industry Corp (CSIC) makes debut at Malaysia defense show. The China Shipbuilding Industry Corporation (CSIC) recently made its debut in the Langkawi International Maritime and Aerospace Exhibition in Malaysia, reports Xinhua. The company brought its latest product models, including a submarine, landing platform dock and frigate, to the four-day show. Xu Ziqiu, general manager of China Shipbuilding and Offshore International, the international marketing and sales arm of CSIC Xu admitted the shipbuilding industry was not yet fully recovered from the global financial crisis, and hence his company was interested in tapping the global market. Source: Xinhua