CSSC Marks Surge in Newbuilding Orderbook

From January to September of 2013, China State Shipbuilding Corporation’s (CSSC) industrial structure adjustment demonstrated initial effectiveness and operating revenue grew by 16% year-on-year.

CSSC realized a breakthrough in contracting of “double high” ships and offshore engineering products by innovating business models and introducing many kinds of energy-saving & environment-friendly green ships with strong competitiveness on the market.

In the first three quarters, the total amount of new ship orders taken by CSSC rose by 117% year-on-year and the international market share remained stable in 17%. More than half of newbuildings were “double high” ships and offshore engineering products and the proportion was up to 52%.

At the same time, CSSC’s overall transformation strategy is paying off and its industrial structure is optimized with the proportion of shipbuilding & repairing business sector down from 90% to 60% and that of industrial modern service business sector up to 31%. The endogenous development driving force of CSSC has improved greatly.


Press Release, November 29, 2013

Share this article

Follow World Maritime News

Posted on November 29, 2013

In Depth>


<< Nov 2019 >>
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

Salvage & Wreck

Salvage and Wreck Removal Conference will focus on Casualty management case studies, Dealing with hazardous cargo and container ship fires…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >