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Shipbuilder Rongsheng Heavy Industries Acquires 60% Stake in Kyrgyzstan’s Oilfields
China Rongsheng Heavy Industries, China’s largest private ship-building and petro-chemical engineering company, is now venturing into oil and gas exploration via HK$2.2 billion acquisition …
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Global Shipbuilding Industry Making Changes to Stay Afloat
As the Eurozone crisis rages on, an industry that's been affected by it, although it hasn't been in the news, is the shipbuilding industry. Primarily centered in Asia, the shipbuilding industry is seeing changes in competition and in revenue sources as it continues to deal with the turmoil a continent away.
