After the merger, CSSC will emerge as a dominant player in the global shipbuilding industry.

The global shipbuilding industry is experiencing a boom, driven by high demand and favorable payment terms, with shipbuilding gross profit margins exceeding 20%. China is leading in new ship orders, with state enterprises like China Merchants Energy Shipping and COSCO investing billions in new vessels, reflecting a strong ship replacement demand due to aging fleets and stricter environmental regulations. Geopolitical shifts, particularly involving Russia, Ukraine, and the Red Sea crisis, are reshaping global trade routes, increasing demand for new tankers, LNG carriers, and other vessel types.

Former chairman of Zhong Chuan Finance, part of CSSC, is subject of corruption investigation

China aims to become an emerging force in the large cruise ship industry as the Adora Magic City prepares to set sail on its maiden voyage

State-owned shipbuilding giant CSSC will sell diesel power units to its China Shipbuilding Industry Group Power Co.

NDRC accelerates release of advanced coal production capacity; China to base new shipbuilding giant in Shanghai; PetroChina swings to profit on strong oil prices

Combination of China State Shipbuilding and China Shipbuilding Industry moves into substantive operation phase while planning new headquarters

Global antitrust reviews clear merger of China State Shipbuilding and China Shipbuilding Industry to form China Shipping Group

CSSC wins $1.6 billion contract to build 13 container ships, possibly for MSC Mediterranean Shipping

Commercial-vessel maker is benefiting from country’s naval construction binge

South Korean rivals look to maintain technical advantage in global battle

Long-foreshadowed restructuring merges CSSC and CSIC again after 20 years of separation by Yangtze River

China Merchants unit launches mixed-ownership restructuring to strengthen finances in the face of a toughening market environment, sources say

Recombined CSSC and CSIC will pose a threat to the industry’s big kahuna, South Korea’s Hyundai Heavy Industries

Rapid consolidation wave develops as CMIH, CIMC, AVIC consider pooling assets following pending CSSC, CSIC combination

China’s biggest two shipbuilders in talks to create world leader in capacity

China State Shipbuilding Corp. consolidates vessel production in one subsidiary and propulsion in the other, following China Shipbuilding Industry Corp.