CMIH’s latest flagship venture is
ready to join their fleet

China Merchants Group, China’s dynamic offshore and shipbuilding conglomerate has chosen Ravenna in Emilia-Romagna to launch its exciting new venture in Europe, CMIT – China Merchants Industry Technology Europe.

The new centre for offshore research and engineering excellence will liaise between Europe’s highly specialized subcontracting and sales industries and China’s great shipyards specializing in these core areas:

CONCEPT & BASIC DESIGN

For floating units and cruise ships of up to 250.000 gross tonnage.

PROCUREMENT CENTRE

For long-lead items, exotic material, custom made interiors.

EPCM & TOPSIDE PROCESSING FACILITIES

For EPCM including our topside processing facilities.

Quotes

Stefano Schiavo

CMIT CEO

«Our aim is to create a centre of engineering excellence that combines consolidated engineering capabilities in the Oil & Gas field, design innovation in the Cruise Ship industry and exclusivity of Italian Design»

Simple Hu

CMIH General Manager

«This is our first research centre for shipping and engineering outside China. Ravenna is famous for its reliable, highly skilled professionals, set in Emilia-Romagna home to the Ferrari, the land of culture, creativity and genial innovation»

Why launch CMIT now

OVER 350 YEARS OF EXPERIENCE… to be continued

CMIH Industry Holding is ready to take on Europe with its brand-new engineering company CMIT – China Merchants Industry Technology Europe. Our base in Europe draws on the Group’s many years of experience and know-how while being closer and more in tune with the needs of our Western Clients.

Designing Worldwide Wonders

Worldwide market share

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Cruise Line Market Share

$45.6 billion is now estimated for worldwide Cruise Line Market Share with a 4.6% increase compared with figures from 2017.

Source: Cruise Market Watch

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Global cruise ship orderbook

Record orders for cruise ships running until 2027 including over 100 new ships.

Source: Cruise Industry News

0%

FPSO compound annual growth rate

The FPSO market was valued at around US$ 25 Bn in 2017 and is expected to expand at a CAGR of around 12% from 2018 to 2026.

Source: Transparency Market Research

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Demand for natural Gas

The International Energy Agency forecasts expected increases of over 50% in demand for natural gas.

Source: International Energy Gas

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CMIH’s latest flagship venture isready to join their fleet