Shipyards all over the world are struggling as contracting volumes and prices have dropped in recent years, and Chinese yards are no exception. Since China’s yards have historically been highly dependent on building bulkers, efforts by some yards to survive in the current market are focusing on trying to diversify their product mix. Orderbook Pressure:
Shipyards all over the world are struggling as contracting volumes and prices have dropped in recent years, and Chinese yards are no exception. Since China’s yards have historically been highly dependent on building bulkers, efforts by some yards to survive in the current market are focusing on trying to diversify their product mix.
Orderbook Pressure:
