You are here

TOPLINE

Steering Yangzijiang to calmer waters amid rough weather

Shipbuilder could gain from the current crisis engulfing the industry in China.

BT_20160118_HHYZJ18_2071580.jpg
Mr Ren (foreground) projects that the number of Chinese shipyards in operation - already down to about 300 from 3,000 five years ago - could further decline to under 50 in another three years.

AS THE Chinese saying goes, every crisis presents both danger and opportunity. For Yangzijiang Shipbuild- ing chairman Ren Yuanlin, the current crisis engulfing the Chinese shipbuilding industry may well open up another window of opportunity for further business expansion as rival yard operators

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom