Since the onset of the economic crisis in late-2008, Chinese shipyards have had quite a hard time. Since the beginning of 2010, the Chinese-owned orderbook has shrunk continuously. As of start 2013, 1,832 vessels of 109.4m dwt were on order at Chinese shipyards, which is a sharp fall of 47.3% in dwt terms when compared to the orderbook as of start 2010. Graph of the Week The Shrinking Orderbook As...
Since the onset of the economic crisis in late-2008, Chinese shipyards have had quite a hard time. Since the beginning of 2010, the Chinese-owned orderbook has shrunk continuously. As of start 2013, 1,832 vessels of 109.4m dwt were on order at Chinese shipyards, which is a sharp fall of 47.3% in dwt terms when compared to the orderbook as of start 2010. Graph of the Week The Shrinking Orderbook As...
