Chinese state-owned Shanghai Waigaoqiao Shipbuilding (SWS) has officially launched its offshore engineering arm, Waigaoqiao Qingdong Offshore Engineering Company, located at Qidong ship industrial park, Jiangsu.
Waigaoqiao Qidong Offshore Engineering is to focus on ship equipment and non-shipbuilding businesses. The company will be the platform for SWS to develop ocean economy and marine science and technology.
At the beginning of this year, SWS announced its 2019 operation plans, and emphasized that the company will strengthen the business development of commercial ships, offshore engineering and cruise ships. The main business of SWS covers design, construction and repair of marine vessels and offshore products.
SWS currently owns Shanghai Waigaoqiao Shipbuilding and Offshore, and controls Shanghai Jiangnan Changxing Heavy Industry,Shanghai Waigaoqiao Shipbuilding and Offshore Engineering Design, Shanghai CSSC Marine Boiler, CSSC Shenghui Equipment, which also owns the shares of Shanghai Jiangnan Changxing Shipbuilding.
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