Friede & Goldman to form JV with Chinese ship designer
Oct. 5, 2006
Friede & Goldman has signed an agreement to form a joint venture with China Ship Design & Research Center CO. LTD.
Offshore staff
HOUSTON -- Friede & Goldman (F&G) has signed an agreement to form a joint venture with China Ship Design & Research Center CO. LTD. (CSDC). The new joint venture, named Friede Goldman China, Ltd. (FGC), will be based in Dalian, China. CSDC's president, Zhao Zhanjun, and F&G's president, Paul Geiger Jr., will serve alternately as chairman and vice chairman of FGC.
The joint venture will expand F&G's engineering capabilities by offering to its clients detailed engineering and turnkey projects. CSDC's expertise in shipbuilding and detail engineering combined with F&G's rig designs will allow FGC to market newbuild designs as well as other engineering services.
