Joint venture aims to "unlock potential" in ChinaYard News // February 15, 2002
Graig Plc and Barry-based Harris Pye Marine Ltd - both based in the UK - have formed a new company, Graig Harris Pye (China) Ltd, to meet the ship repair and conversion needs of shipowners using Chinese yards. The company will have its base in Shanghai,China.
The British companies say that they feel Chinese repair yards have "enormous" potential, offering particularly attractive steelwork prices, low labour costs and an increasingly highly skilled workforce. Together, they hope to enable shipowners and ship managers to select the right yard for their repair work, schedule that work and supervise it on their behalf.
Mike Dawson, CEO of Harris Pye, said: "Our global network of project managers, engineers, technicians and tradesmen, married to Graig's knowledge of Chinese yards, will give shipowners the confidence they need to get the best out of ship repair and conversion in China." John Coffin, who has extensive experience of working with Chinese yards, has been appointed General Manager of Graig Harris Pye.
Graig Harris Pye (China) Ltd will select shipyards for specific jobs, schedule the repairs and conversions, furnish a full project management service and provide and supervise all specialist technical assistance.