Greater China
Less than 3% of yards secure 97% of all orders this year
Beijing: Just 2.4% of China’s shipyards secured nearly 97% of all orders in the first eight months according to a report from the nation’s shipbuilding association.
Chinese shipbuilding industry won 34.19m dwt new orders for the first eight months of the year, up by 139% against the same time period a year ago, however only 39 out of more than 1,600 shipyards secured 96.5% (33.01m dwt) of the new order intake. [10/10/13]
RELATED STORY:
The ghost of shipbuilding’s past