Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

CSSC integrates diesel engine units

Article-CSSC integrates diesel engine units

Photo: CSSC cssc chengxi_ (002).png
CSSC Marine Power, subsidiary of China State Shipbuilding Corporation (CSSC), is going to purchase and consolidate diesel engine assets from CSSC’s units through its subsidiary CSSC Diesel Engine to reduce horizontal competition.

CSSC Diesel Engine will acquire stock equities of Shanxi Diesel Heavy Industry, Henan Diesel Heavy Industry and related assets from CSSC units.

Established in February 2022, CSSC Diesel Engine was a wholly-owned subsidiary of CSSC Marine Power. Upon the completion of asset acquisitions, CSSC Diesel Engine will become a holding subsidiary of China Marine Power focused on diesel engine business. 

The transactions will clearly position China Marine Power to be a leading company in domestic marine diesel engine market. Diesel engine business of CSSC will be integrated and the overall business capacity could also be improved, said CSSC Marine Engine. 

Before the merger between China’s two shipbuilding giants CSSC and CSIC, China Marine Power and diesel engine companies owned by CSSC and CSIC were operated independently. 

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.