Marine Vessel Business

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Description

The Marine Vessel Business has established itself as a leader in the shipbuilding industry, importing ships, ship equipment, and ship-building machinery from the former Soviet Union and Eastern European countries for over 50 years. With a remarkable contribution of over $3 billion in total imports, this company has played a pivotal role in the development of China’s marine sector. Currently, it focuses on expanding infrastructure such as ports and rivers across China, maintaining a dominant market share of over 80% in traditional ship imports, including dredgers and other working vessels.

Since the 1970s, the company has also made significant strides in the international shipping market, exporting over 340 vessels, including LPG ships, container ships, and oil tankers, to developed countries like West Germany and Sweden, amounting to over $2 billion in exports. The company continues to innovate, expanding its services to include shipbuilding, repairs, and high-tech ocean engineering products, ensuring it meets modern market demands.

Specifications

Key Attribute Details
Total Import Sum Over $3 billion
Total Export Sum Over $2 billion
Market Share More than 80%
Years in Operation Over 50 years
Types of Vessels Exported LPG ships, container ships, multi-purpose cargo ships, passenger ships, oil tankers, dredgers, icebreakers, ocean drilling platforms

Additional Information

CMC is committed to enhancing its range of services by collaborating with shipping design companies and shipyards, focusing on the initial stages of ship development, design, and construction. This proactive approach has led to the creation of its own series of ship products, ensuring quality and innovation in the marine industry.

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