The merger of China’s two largest state-owned shipbuilding conglomerates entered the substantive operation phase, and the combined group is moving its headquarters to Shanghai.
The new headquarters will be at the site of the former Jiangnan Shipyard in Shanghai’s historic center Puxi, a person at China State Shipbuilding Corp. Ltd. (CSSC) said.
Chinese firm supplies modules to RussiaBy Zhong Nan | CHINA DAILY | Updated: 2021-08-27 07:26
A vessel, carrying two of the world's largest industrial modules made by Wison Offshore and Marine Ltd, leaves Zhoushan, Zhejiang province, for Russia's Murmansk. YAO FENG/FOR CHINA DAILY
Wison's feat shows China's prowess in high-end engineering products
Shanghai-based Wison Offshore and Marine Ltd, a subsidiary of privately owned Chinese conglomerate Wison Group, shipped the first two of four giant industrial modules for the Arctic LNG 2 project of Novatek, the largest independent natural gas producer of Russia,
Zhang Shouyue, vice-president of WOM's Zhoushan manufacturing base in Zhejiang province, said the delivery of modules for the liquefied natural gas project fills a gap in the building of China's marine engineering prowess, indicating the nation has joined the world's top club in the construction of high-end marine engineering products and large and complex module construction.
CSSC is well known. The algamation means less admin and staff works.They completely dumped the CSG name which was meant to stand for the combined group of CSSC and CSIC and went simply with CSSC due to being an established brand.
More than a merger, it is a defacto takeover of CSSC over CSIC, state champion eating the state loser like an amoeba.