Chinese seafood giant revives yard in Shandong

Chinese seafood giant Chishan Group has entered the shipbuilding industry with the acquisition and restructuring of Shandong Baibuting Shipbuilding, a historic yard located in Rongcheng, Shandong province. The newly renamed Shandong Fulton Shipbuilding marks the group’s strategic expansion amid a broader revival of private-sector shipyard assets across China. The deal involves the 100% acquisition of …

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