China's Two Largest Shipbuilders to Merge

China's cabinet has approved a merger of the country's two largest shipbuilders, China State Shipbuilding Corp (CSSC) and China Shipbuilding Industry Co (CSIC), the country's state asset regulator said on Friday.

 

The companies' products range from aircraft carriers to commercial ships that carry oil and gas.

 

Source:XINDE MARINE NEWS

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