Independent journal on economy and transport policy
07:17 GMT+1
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Shanghai becomes center of China Shipowners' Association and the navalmeccanico cluster of group COSCO
Strategy in order to consolidate the role of the city which world-wide center of the shipping
December 19, 2016
Friday, in the picture of the initiatives of the Chinese government in order to increase the role of Shanghai which primary international center of the industry of the shipping, the group Lowers COSCO Shipping Corporation (COSCOCS) has celebrated the institution of the COSCO Shipping Heavy Industry Co. (WHO), with center in the city, in which the activities of production of equipments for the marine field and shipbuilding of the Chinese group with the fusion of societies COSCO Shipyard Group are met, COSCO Shipbuilding Industry Co. and Shipping Industry Co Lowers.
To the COSCO Shipping Heavy Industry Co. they now make head 44 branches between which ship yards, of which 13 of primary importance, and other societies of service and maintenance of the group in the navalmeccanico segment that Yangtze and Pearl are placed mainly on the delta of the rivers and in the Bay of Bohai. The companies take care of activity of construction and repair of ships, systems offshore and equipments for the shipping. The navalmeccanico cluster of group COSCOCS, than up to now has realized beyond 780 ships, it has a annual manufacturing capacity pairs to eight million gross capacities in tons and moreover it can realize 12 systems annually offshore and 20 modules offshore.
Moreover friday China Shipowners' Association (CSA) has inaugurated the transfer of the own new headquarters from Beijing to Shanghai. Declared objective of the initiative is to promote through the Chinese shipowning association, that it is constituted in 1993, the position of Shanghai as world-wide marine center.
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