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now noticed the tweet
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Après 8 mois de mission à la mer et 125 000 nautiques parcourues, la 27e flottille d’escorte anti-piraterie chinoise est rentrée à la base.

Translated from French by
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After 8 months of mission to the sea and 125 000 nautical miles travelled, the 27th flotilla of Chinese anti-piracy escorts returned to the base.
I have been wondering regarding anti-piracy escorts ... who actually pay for the cost of deploying warships to the region? UN?
 

Lethe

Senior Member
I have been wondering regarding anti-piracy escorts ... who actually pay for the cost of deploying warships to the region? UN?
I would assume the nation in question, as they all benefit from secure transport of goods. There is possibly some cost-sharing mechanism in place for EU countries, but that would be about it. I suspect that any UN funds allocated to the problem probably go elsewhere rather than direct payment for "hire of a warship".

In China's case it also gives experience with managing long distance and long duration deployments, well worth the costs involved even without catching or deterring any pirates.
 

Jura

General
now noticed
China Plans Merger of Shipbuilders to Create Behemoth
Updated on March 30, 2018, 3:17 PM GMT+2
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  • State council agrees to merging CSSC and CSIC, people say
  • Entity to become No. 1 shipbuilder, surpassing Hyundai Heavy
China’s government is working on a plan to combine its two biggest shipbuilders to create an industrial giant that would dwarf its South Korean rivals, according to people with knowledge of the matter.

The state council, China’s cabinet, has given its preliminary approval to merge
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with
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, the people said, asking not to be identified as the information isn’t public. The two companies have combined revenue of at least 508 billion yuan ($81 billion) making products ranging from aircraft carriers for China’s navy to vessels to carry containers, oil and gas for commercial companies.

Representatives at State-owned Assets Supervision and Administration Commission of the State Council, CSSC and CSIC didn’t respond to faxed or emailed requests for comments.

Shares of China CSSC Holdings Ltd. jumped 10 percent in Shanghai, while
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climbed 6.7 percent. In separate exchange statements, the two CSSC units said their parent hasn’t received any government notice about a merger and has no discloseable information. CSIC unit
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said in a statement that its parent hasn’t received any written documents from the government about a merger or held talks with CSSC or its listed subsidiaries.

The giant resulting from the merger will have more than twice the combined annual revenue of South Korea’s
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,
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and
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, the world’s three biggest shipbuilders by market value. Shares of the three companies declined in Seoul.

CSSC and CSIC were formed in July 1999 under a plan to increase competition and efficiency among the country’s defense companies. A merger of the two groups could still be subject to changes as many details need to be ironed out by ministries and regulators, the people said.

Growing Bigger
Merged Chinese entity's sales would dwarf South Korean rivals

The two groups, including their units, had 10.4 million compensated gross tons in order backlog as of February, equivalent to about 13 percent of the market. That compares with 7.72 million tons at South Korea’s Hyundai Heavy, according to the latest report by Clarkson Plc.

While the two are engaged in designing and building the Chinese navy’s fleet of
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, CSSC also has plans to design and build a cruise ship.

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, the CSIC subsidiary that owns shipyards and other firms involved in the sector, climbed as much as 5.4 percent in Shanghai trading.

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, part of CSSC, was the
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shipyard in China to build liquefied natural gas carriers. CSIC was the first shipbuilder to build a very large crude carrier, or VLCC.
 

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