Yards face 60% drop in orders
by
Obsidian
—
last modified
Feb 19, 2009 12:00 AM
Sandra Tsui, Hong Kong
The world's new shipbuilding orders are forecast to fall by at least 60% this year, and by half in China, the China Associa-tion of the National Shipbuilding Industry said.
A research report issued by Cansi said that new shipbuilding orders...
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