China’s shipbuilding industry eyes high-end market

China is cementing its position as the world’s leading shipbuilder, with U.K.-based maritime analyst Clarkson Research reporting that Chinese shipyards secured 95 vessel orders in August, representing 90 percent of global bookings. From January to July, China exported 3,470 ships, up 28.3 percent year on year, with a value of 173.7 billion yuan ($24.6 billion), … Continue reading China’s shipbuilding industry eyes high-end market