Wednesday, September 5, 2012

[Ship Building] CSBC mulls diversification

[Ship Building] CSBC mulls diversification

Taiwan's CSBC is in review of business diversification into engineering, offshore and shiprepair sectors, amid shrinking newbuilding demand.

Regarding ship repair business, CSBC plans to buy overseas shiprepair yard.

The shipbuilder had not inked an order for about a year, since it had signed a newbuilding contract for 10 8000-teu containerships with compatriot Evergreen, until recently having booked a pair of 35,000-dwt bulkers from China Steel's subsidiary.

CSBC appears to overcome new order drought through business diversification.



Published : September 4, 2012



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