China Rongsheng Heavy Industries Group Holdings Limited (RSHI) and Ukrainian agricultural conglomerate UkrLand Farming Public Ltd (UFL) inked, few days ago in Beijing, a memorandum of understanding (MoU) for the construction of new bulk carriers. So far there is no firm order signed but according to the MoU, Rongsheng Heavy should build two new bulk carriers for [...]
China Rongsheng Heavy Industries Group Holdings Limited today, Dec. 7th, delivered the seventh 380,000 DWT class Very Large Ore Carrier (VLOC), and has sent another VLOC for sea trial on the same day. With ongoing advances in innovative technology and world-class shipbuilding experience, alongside the improvement of scale and production efficiency, the Group has further [...]
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The Board of Directors of China Rongsheng Heavy Industries Group Holdings Limited announced today, Nov. 26th, that, with effect from 26 November 2012: Mr. Chen Qiang, an executive Director, Executive Vice Chairman and Chief Executive Officer of the Company has been appointed by the Board as Chairman of the Board and Mr. Wei A Ning [...]
A delegation led by Mr. Pei Qi visited China Rongsheng Heavy Industries Group’s Shanghai Headquarters on 24 July 2012. Mr. Pei is Putuo District Government Standing Committee Member of and Deputy District Mayor, also the Director of Changfeng Ecological Business District Mr. Chen Wen Jun, vice-president of the Group, warmly welcomed the delegation. China Rongsheng [...]
China Rongsheng Heavy Industries Group Holdings Ltd. has announced its intention to deliver this year the bulk of a dozen supersized vessels ordered by Brazilian miner Vale S.A. (VALE). According to Rongsheng Chief Executive, Chen Qiang, the company’s plan incorporates delivery of two supersized vessels to Vale within the next two months. All, but one [...]
![CDB Approves Strategic Credit of USD 5.5 Billion for Rongsheng Heavy Industries Group]()
China Rongsheng Heavy Industries Group Holdings Limited, a large heavy industries group in China, has been granted a strategic credit of RMB35 billion by China Development Bank (“CDB”). Both parties signed a strategic collaboration agreement in Hefei today. On top of the RMB30 billion worth of strategic cooperation initiated this August, the agreement represents a [...]
