The long-anticipated share-swap merger between ChinaCSSC Holdings Ltd (CSSC) and China ShipbuildingIndustry Co (CSIC) will make CSSC the world's largest listed shipbuilder by assets and revenue, said market watchers on Monday.
The long-anticipated share-swap merger between ChinaCSSC Holdings Ltd (CSSC) and China ShipbuildingIndustry Co (CSIC) will make CSSC the world's largest listed shipbuilder by assets and revenue, said market watchers on Monday.
During the signing ceremony on August 15 at CSSC’s Hudong-Zhonghau Shipbuilding subsidiary, they ... CSSC hailed the order as “creating a new model for international ship trading.”.
CSSC and CSIC, once one entity, have halted trading in their respective shares in anticipation of becoming one combined company, CSSC. The much-anticipated merger has been a long time developing, and it brings CSSC full-circle.
China celebrated the re-delivery of the world’s largest ocean-going aquaculture vessel, Zhe Dai Yu Yang 60001 (Senhai Pioneer), on July 20 in its quest to develop new resources for food development ... ....
CSSC Shipping has moved to bolster its dry bulk portfolio with a pair of newcastlemax newbuilds ... The ships will be taken on by two of CSSC’s special-purpose ...
Under the terms of the agreement announced in 2024, CSSC will issue new A-shares to CSIC shareholders ... Post-merger, ChinaStateShipbuildingGroup will maintain approximately 49% ownership of the combined company, which will retain the CSSC name.