China's war on pollution seen to lift global shipbuilder prices

Singapore

THE world's biggest shipbuilder sees China's clean-up of its smoggy skies lifting prices of the vessels this year.

As China prioritises dealing with the smog that has famously blanketed its capital Beijing and other big cities, the world's second-biggest economy is increasingly turning to liquefied natural gas (LNG) as a replacement for coal for heating and other purposes, boosting imports of the cleaner fuel.