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Shipbuilding through to 2024

The outlook for the world’s shipyards is dire. How many will go out of business shortly?

An 80-page report from Danish Ship Finance this month sent shudders through the shipbuilding community, exposing how many yards around the world are at risk of extinction as orderbooks dwindle with limited appetite for new tonnage amid a looming recession and unclear future propulsion choices.

The report, helmed by well-respected analyst Christopher Rex, suggested there will be more than 200 yard closures in the coming months and years

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