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21 Dec
13:18

China's shipbuilding completions jump in November

China's shipbuilding completions recovered in November, and the fall in steel materials prices helped shipping companies improve their profits, Kallanish notes. According to China Association of the National Shipbuilding Industry (CANSI) data, China's shipbuilding completions reached 35.88 million deadweight tonnes in January-November, up by 7.9% year-on-year. This means shipbuilding completions in November alone increased from 1.6…
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