On January 10, 2018, China Ship Chai and Barge Heavy Industries signed a cooperation order for nine W6X72 mainframes of 210,000 tons of bulk carriers.
China Ship Chai is jointly funded by CSIC, China Power and China Heavy Industry. It is headquartered in Haixiwan Shipbuilding and Shipbuilding Industry Base, Qingdao West Coast New District, National New District. It has Yichang Marine Diesel Engine Co., Ltd. (YMD) and Dalian Marine Diesel Engine Co., Ltd. (DMD), Qingdao Haixi Marine Diesel Engine Co., Ltd. (QMD) three manufacturing bases, the company's total assets of 10.6 billion yuan, with an annual output of 4 million horsepower low-speed diesel engine capacity, its low-speed diesel engine products will account for 45% to 50% of the domestic market share %, 15% to 20% of the international market share.
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