Subscribe to RSS feedBeijing urges its shipyards to march into LNG sector
Chinese yards are looking to follow Hudong-Zhonghua Shipbuilding in breaking into the high-end liquefied natural gas carrier and offshore building sectors, which have been dominated by neighbouring Japanese and South Korean yards, writes HUI CHING-HOO
THE CHINESE Government is calling on local shipyards to venture into high value-added sectors such as offshore facilities and specialised vessels in an effort to stave off the effects of the shipping downturn.
However, analysts remained doubtful about...
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