GENERAL NEWS

China makes strong recovery in shipbuilding

Importer 16 years ago

The volume of shipbuilding orders in hand as of end April fell 1.9% from end 2009 to 184.58 million dwt. In the areas of completed shipbuilding volume, new contract orders and orders in-hand, China had a global market share of 39.1%, 47.2% and 37.8% respectively.