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15 May
07:17

Chinese shipbuilding completions narrow decline in April

According to the China Association of the National Shipbuilding Industry (CANSI), China's shipbuilding completions lowered by -17.1% year-on-year from January to April to 10.98 million deadweight tonnage. This also means that the completions in April were as strong as 3.98m dwt, up by about 70% month-on-month, Kallanish notes. The clear recovery was due to the accelerated resumption of shipbuilding operations in April, which …
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