Chinese Owners Dominate Orders at China’s Shipyards

Chinese owners have dominated ordering activity at Chinese shipyards, accounting for over 65% of them, with foreign-based owners scaling back their contracting, because of the looming uncertainties. In its latest weekly report, shipbroker Xclusiv said that “Chinese shipyards remain firmly at the center of the global newbuilding landscape, capturing the lion’s share of both bulker …

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