A mega-merger of China’s two major shipbuilding groups would forge an industry power with over 10% of the global orderbook and which generated revenue of over $80bn in 2017.
Expectation is growing the long awaited combination of China State Shipbuilding Corp (CSSC) and China Shipbuilding Industry Co (CSIC) has been approved by the government.
According to Clarksons data, cited by Bloomberg, the combined group would boast an orderbook of 10.4
