COSCO Shipping Heavy Industry (CHI) is a major Chinese state-owned enterprise specialising in shipbuilding, offshore engineering, ship repair, conversion, and demolition, as well as providing marine support services. Established in 2016, CHI is a core subsidiary under China COSCO Shipping Corporation Limited (COSCO Shipping) — one of the world’s largest maritime conglomerates formed by the merger of China Ocean Shipping (Group) Company and China Shipping Group in 2016. CHI operates multiple shipyards and technical centers in China and is a leading force in China’s merchant shipbuilding and offshore marine engineering sectors.more