Guangzhou rising

摘要

The China State Shipbuilding Corporation (CSSC) is the majority shareholder in a burgeoning large tanker and bulker building business. The Guangzhou Longxue Shipbuilding yard, a joint venture in which CSSC is the major shareholder with China Shipping and leading steel mill Baosteel, has expanded and now has an annual capacity of 3.5 million dwt with two VLCC-sized dry docks and four 600tonne gantry cranes.