February 20, 2017 7:12 PM ET

Industrial Conglomerates

Company Overview of China State Shipbuilding Corporation

Company Overview

China State Shipbuilding Corporation engages in the shipbuilding business in China. The company offers conventional oil tankers and bulk carriers; vessels, such as LNG carriers, VLCCs, chemical carriers, ro/ro passenger freight ships, containerships, LPG carriers, self-un loading ships, high speed ships, and various civil ships; and offshore engineering facilities. It also provides containers, large-scale steel structures, metallurgical equipment, land–based power generating sets, pressure vessels, B-scanners, and others. In addition, the company offers ship repair services; and manufactures marine-related equipment, as well as provides defense products and shipboard equipment. Further, it i...

Building 1

Zhuyucheng Mansion

No.9 Shoutinan Road

Haidian District

Beijing,  100044


Founded in 1999


86 10 6803 8833


86 10 6803 4592

Key Executives for China State Shipbuilding Corporation

Head of Discipline Inspection Group
Chief Accountant
Age: 48
Vice President
Age: 49
Vice President
Age: 59
Vice President
Age: 55
Compensation as of Fiscal Year 2016.

China State Shipbuilding Corporation Key Developments

Carnival Signs Agreement to Purchase Two China-Built Cruise Ships from China State Shipbuilding Corp and Fincantieri

Carnival agreed to purchase the cruise industry's first ships built in China for what it hopes is a burgeoning Chinese market. Carnival has signed a memorandum of agreement to order two new cruise ships that will be built by China State Shipbuilding Corp. and Fincantieri. The memorandum also gives Carnival the option to order two more of the ships built in China. Carnival will use the ships to help launch the first multi-ship domestic cruise brand in China. They will be designed to fit "the specific tastes of Chinese travelers. The first ship is expected to be delivered in 2022.

China National Nuclear Corporation and China State Shipbuilding Corporation Ink Partnership Agreement

China National Nuclear Corporation and China State Shipbuilding Corporation has inked a partnership agreement that would speed up the development of nuclear-powered icebreakers and maritime nuclear power platforms. The new nuclear-powered design for the Polar Research Institute vessel is anticipated to value more than $154 million and take around two years to be constructed. The construction would be commenced at the end of 2016. The vessel would have higher ice capabilities, better research capabilities and be more comfortable and environmentally friendly than Xue Long. It is anticipated to be 122.5 meters (400 feet) long and would be able to break ice of up to 1.5 meters (five feet) thick at a speed of around two knots. It will be able to operate bow or stern first using two ABB Azipod units with combined power of 15MW.

Fincantieri S.p.A. to Form Joint Venture with China State Shipbuilding Corporation

Fincantieri S.p.A. has signed an agreement to form a joint venture (JV) with China State Shipbuilding Corporation to design and sell cruise ships exclusively intended and specifically customized for the Chinese and Asian market.

Recent Private Companies Transactions

December 19, 2016
Guangzhou Wenchong Dockyard Co., Ltd.
December 19, 2016
CSSC Guangxi Ship and Marine Engineering Co., Ltd.
June 20, 2016
Winterthur Gas & Diesel Ltd.

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