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    One-Third of China Shipyards Face Closure as Orders Slump

    July 4, 2013
    SeaNews
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    One-Third of China Shipyards Face Closure as Orders Slump
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    China, the world’s biggest shipbuilding nation, may see a third of its yards shut down in about five years as they struggle to win orders amid a global vessel glut, an industry group said.

    China, the world’s biggest shipbuilding nation, may see a third of its yards shut down in about five years as they struggle to win orders amid a global vessel glut, an industry group said.

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