Cosco Shipping Shanghai Opens New Ship Repair Yard in Zhoushan

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Shanghai Shipping Maritime Technology, a wholly-owned subsidiary of Cosco Shipping Shanghai branch, opens up a new ship repair base in Zhoushan, Zhejiang province, says an article published in Seatrade Maritime News.

New ship repair base

Zhao Bangtao, general manager of Cosco Shipping Shanghai said that it established the new ship repair base is part of the company’s business consolidation and optimisation plan.

He said it would improve the company’s integrated service capability and efficiency.

The company started the construction of the ship repair yard in Liuhengdao, Zhoushan in December 2018.

Zhoushan is one of the leading ship repair bases in China. The yards in Zhoushan repaired around 2,000 ships last year, accounting for 20% of the nation’s total ship repair volume.

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Source: Seatrademaritime