China completes shipbuilding industry consolidation

Perama Ship Repair Zone Undergoes Upgrade with Acquisition of Additional State-of-the-Art Shipbuilding Cranes

China Shipbuilding Industry has complete the effective integration into CSSC Holdings, the publicly traded subsidiary holding company for select China State Shipbuilding Corporation assets.

This was a process with origins tracing to at least 2019, which gained substantial momentum last year, according to DynaLiners

Consequently, CSIC has been removed from public trading, establishing CSSC Holdings as the world’s largest publicly-listed shipbuilding enterprise.

Here’s a rewritten version maintaining the same meaning:

China CSSC Holdings Ltd operates as a Chinese enterprise primarily focused on shipbuilding operations both military and commercial sectors, vessel repair services, marine engineering projects, and electromechanical equipment manufacturing.

The shipbuilding division encompasses production of naval vessels, large passenger cruise ships, military support craft, bulk cargo carriers, and additional vessel categories. The ship repair segment primarily involves vessel modification and maintenance services.

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