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18 Sep
07:00

Chinese shipbuilding completions soar in August

China's shipbuilding industry saw a sharp recovery in shipbuilding completions in August, but both new orders and orders in hand still saw a decline year-on-year, Kallanish notes. In August only, China's shipbuilding completions topped 4 million deadweight tonnes again for the second time since May 2018 at 4.07m dwt, achieving an increase of 66% month-on-month. Completions hit 4.26m dwt in June. According to the Chin…
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