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22 Jun
10:36

Chinese shipbuilding output hits two year low

Chinese shipbuilding output slowed even further in May, according to data from the China Association of National Shipbuilding Industry (Cansi). The data suggest May saw the slowest rate of completion since August 2014 and the slowest rate in May since 2008, Kallanish notes. China completed 12.83 million deadweight tonnes of ships in the first five months of the year, -17.1% less than the same period of 2015, the Cansi data shows. Derived monthly completions were…
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