China's biggest yard ready again in 2015

Following a billion-dollar deficit, China's biggest state-owned shipyard, Rongsheng, is now in the midst of a comprehensive restructuring process that is expected to be completed by the summer 2015.

Photo: Erria

The biggest state-owned shipyard in China, Rongsheng, has now initiated a long-awaited restructuring process that is expected to be completed by June next year, according to Reuters.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

CMA CGM expects sharp decline in freight rates

The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.

Further reading

Related articles

Latest news

See all jobs