Largest Marintec China in 32 Years Wraps Up in Shanghai
December 4, 2011
The biennial Marintec China that was held Nov. 29-Dec. 2 at the Shanghai New International Expo Centre had a 40-percent larger showfloor, 70,000 square meters, compared with the 50,000 sq. m. showfloor at the 2009 event.
The 2011 event, run by UBM Asia and the Shanghai Society of Naval Architects and Marine Engineers, also marked the largest one in Marintec China’s 32-year history.
Also at this year’s event, there were 1,650 exhibiting companies that took part, compared with 1,483 exhibiting companies at the 2009 event, an 11-percent increase.
In addition, there were 18 national and regional group pavilions this year, the same number as 2009, including Denmark, Germany, Japan, the Netherlands, Singapore and more.
The German pavilion organizer, which has participated in Marintec China for more than
30 years, has been the largest international pavilion for years.
“From the beginning of Marintec China more than 30 years ago, Germany has always presented the largest national group at this leading Asian shipbuilding event.” said Hauke Schlegel, managing director, VDMA, Marine and Offshore Equipment Industries.
He added, “This year, over 100 exhibitors are participating within the impressive German Pavilion, one of the traditional ‘landmarks’ of Marintec China. This strong participation demonstrates how important Marintec China is for the German industry as a business platform in the Asian maritime markets.”
Other exhibiting companies were from Belgium, Canada, Czech Republic, Greece, Israel, New Zealand, Panama, Portugal, Romania, Russia, Switzerland, Turkey and the United Arab Emirates.
At the same time as the exhibition, the Senior Maritime Forum was held and, according to event organizers, is “one of the most influential and important maritime conferences in Asia.”
The theme of this year’s Forum is: “Green Agenda, Innovation and Development”. The forum will include keynote speeches and presentations on specific areas, such as shipping and port, shipbuilding, ocean engineering, marine finance and marine equipment procurement.
Speakers include senior Chinese government officials and representatives from leading maritime associations and industry professionals.
Marintec China seems poised for even more growth. According to the recently approved “The 12th Five-Year Plan”, Ocean Engineering and Equipment has been highlighted as one of the targeted developments by the Chinese government for the next five years.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
Add new comment