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You are here: Home Archive 2009 Mar 05 Chinese yards agree to newbuild delays

Chinese yards agree to newbuild delays

by Obsidian last modified Mar 05, 2009 12:00 AM

Chinese shipyards will have little chance to fill empty slots after agreeing to delay deliveries, brokers have said.

Last week, it was reported that delivery renegotiations with South Korean shipyards were being hampered by the weakness of the won, which could result in huge currency losses for the yards.

Unlike their South Korean counterparts, Chinese shipyards are...

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