TMT bids for CSBC

Taiwan Maritime Transportation has submitted an expression of interest in bidding for the privatization of China Shipbuilding Corporation, the Taiwan government owned shipyard. It is believed that TMT was the only bidder when the process closed last Monday.

TMT has bid for the privatization in order to assist the commercial development of CSBC and to bring it up to world-class standards by expanding the international business through increased overseas marketing and by developing a more effective and modern management system. TMT will also do all it can to provide the employees with better opportunities for personal development and job security.

TMT was established in 1958 and currently operates in excess of 30 vessels.