Port News

State-run player to revive Quanzhou Shipyard

State-run Quanzhou Transportation Development Group (QTDG), the new owner of Quanzhou Shipyard, plans to invest RMB2bn ($309m) to support the restructuring of the yard. The group took over the Titan Petrochemical-controlled shipyard for RMB1.2bn via an auction in February after the shipyard entered into a liquidation process last year. Following the completion of asset restructuring, QTDG …

splash247

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button