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Samsung Heavy to close Ningbo yard

South Korean shipbuilder Samsung Heavy Industries has announced it will close one of its Chinese plants in Ningbo in the coming months.

Samsung Heavy has two block manufacturing plants in China – one in Ningbo and the other at Rongcheng.

In the past, Samsung Heavy did toy with the idea of making Ningbo a fully fledged shipbuilder, but it has stuck to its block building roots. The yard started operations in 1997. More than 1,000 workers at the yard have recently gone on strike to protest the facility’s imminent closure.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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