Few Chinese yards book almost all new orders

Out of China's total 300 active shipbuilders, just 51 hold almost 97 percent of all new orders to the country's shipbuilding industry. The Chinese yards received 83 percent more newbuilding orders in the first five months of the year.
Photo: Georg Hammerstein/POLFOTO/ARKIV
Photo: Georg Hammerstein/POLFOTO/ARKIV
BY DANIEL LOGAN BERG-MUNCH

The overall outlook remains dark for China's shipbuilding sector.

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