Hudong-Zhonghua and Shanghai Shipyard go their separate ways

Two state-owned Chinese shipyards paired together three years ago have parted company.

Shipbuilding players say China State Shipbuilding Corp (CSSC)-controlled Hudong-Zhonghua Shipbuilding and Shanghai Shipyard Co went their separate ways earlier this year.

A source familiar with the two confirms the separation.

“They were not happy working together... Although they are no longer together, Shanghai Shipyard is still a subsidiary of Hudong-Zhonghua,” said the source.

TradeWinds