Superyacht-Maker Ferretti to Open China Plant


Ferretti 68

Ferretti. Credit: NikoSilver / CC BY-SA 3.0

On 28th August 2012, the chairman and majority-owner of Shandong Heavy Industry Group-Weichai Group reported that Ferretti Group – the Italian yacht maker is planning to set up a plant in Qingdao, Shandong Province, China. Continue reading

Shandong Heavy Industry Leap Step in Italian Luxury Yacht Market


Credit: NikoSilver / CC-BY-SA 3.0

After the acquisition of the world’s largest luxury-yacht builder Ferretti Group by China’s biggest bulldozer-maker Shandong Heavy Industry Group, the country has ventured into manufacturing of superyachts. Continue reading