Despite the well-known pressures on Chinese shipyards, relatively few closed in the years prior to 2013. Chinese output reached record levels between 2010 and 2012, averaging 19.5m CGT per annum, more than double the 9.6mCGT recorded in 2008. However, this year Chinese output has begun to decline significantly. Graph of the Week Hanging In There
SHIPBUILDING
01 November 2013 - 00:00
Change Coming for Chinese Shipbuilding
Despite the well-known pressures on Chinese shipyards, relatively few closed in the years prior to 2013. Chinese output reached record levels between 2010 and 2012, averaging 19.5m CGT per annum, more than double the 9.6mCGT recorded in 2008. However, this year Chinese output has begun to decline significantly. Graph of the Week Hanging In There
SHIPBUILDING
01 November 2013 - 00:00
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