You are here

China shipbuilding industry struggles to keep afloat

chinaship01.jpg
Chinese shipbuilders have been sailing towards bankruptcy in recent years, with China trying to consolidate the industry and bail it out from the woe of overcapacity - PHOTO: BLOOMBERG

[NANJING] Chinese shipbuilders have been sailing towards bankruptcy in recent years, with China trying to consolidate the industry and bail it out from the woe of overcapacity. With delays in deliveries, order cancellations and price decreases for newly-built vessels, shipbuilding firms have

sentifi.com

Market voices on:

Powered by GET.comGetCom