State-owned China State Shipbuilding Corp (CSSC) is attempting to ramp up its business activities through creative planning and the formation of new business units.

CSSC chairman and chief executive Hu Wenming tells Trade­Winds that the business model of the group is changing. It is aiming for diversification while simultaneously expanding shipbuilding volume.

The establishment of CSSC (Hong Kong) Shipping (CSSC HK) in 2012 was part of the group’s restructuring programme.