Beijing unveils China Shipbuilding Group, the world’s largest shipbuilder
Sam Chambers November 26th, 2019 https://splash247.com/beijing-unveils-china-shipbuilding-group-the-world...
Twenty years after they were split apart, China’s main two state-run shipbuilders were remerged today. China Shipbuilding Group was unveiled today bringing together all the yards and assets of China State Shipbuilding Co and China Shipbuilding Industry Co, the merged entity likely to make a considerable splash at next week’s Marintec China in. Shanghai, the largest shipping exhibition in Asia.
Ahead of Hyundai Heavy Industries sealing its takeover of Daewoo Shipbuilding & Marine Engineering in South Korea, China Shipbuilding Group can lay claim to being the world’s largest shipbuilder with $112bn of assets and 310,000 workers.