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16 Sep
12:10

China's shipbuilding completions slump in August

China's shipbuilding completions fell sharply in August due to the impact of the Covid-19 pandemic. However, new orders continue to increase, driven by global demand, Kallanish notes. According to China Association of the National Shipbuilding Industry (CANSI) data, China's shipbuilding completions reached 26.26 million deadweight tonnes in the first eight months of 2021, up by 9% year-on-year. Completions in August alone however s…
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