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China Shipbuilding Energy

Shipbuilding slows on jitters about world economy and IMO red tape

China's top privately owned shipbuilder, Yangzijiang Shipbuilding, noted a 50% decline in global shipbuilding orders. The yard group saw its first-half revenue shrink on fewer newbuild deliveries

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Yangzijiang, which posted lower revenue on fewer newbuild deliveries for the first half to June, is diversifying it business by acquiring a majority stake in an Odfjell-owned LNG terminal

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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