China State Shipbuilding Corporation (CSSC) and Shanghai municipal government signed a co-operation agreement to strengthen development of the maritime sector in Shanghai.

Li Qiang, secretary of the Shanghai Municipal Party Committee said, high-end equipment manufacturing is one of the main directions of Shanghai’s industrial transformation and upgrading and CSSC is leading China’s marine technology innovation and development. We are expecting this cooperation could be a new starting point to further utilize each party’s advantages and jointly strengthen the shipbuilding and offshore equipment industry and industrial clusters’ development.

Lei Fanpei, chairman of CSSC, said, Shanghai is the only city in China that integrates ship and offshore engineering research and development, manufacturing, test and port machinery manufacture. CSSC will rely on Shanghai’s advantages and accelerate its industrial layout in Shanghai. 

CSSC will promote the development of high-end industries and innovative resources in Shanghai, and improve the development of marine equipment industry and the modernization of the industrial chain and supply chain. 

Meanwhile, we will continue to accelerate the development of CSSC to be a world-class shipbuilding group, and deeply participate in the economic development of Shanghai, Lei continued. 

CSSC also inked strategic cooperation agreement with Shanghai Huangpu district government and meet with Shanghai Pudong new district authority for deepening cooperation.

Source: Seatrade Maritime News