Subscribe to RSS feedChinese yards increase capesize orders
by
Liz McCarthy, London
—
last modified
Mar 15, 2010 09:11 AM
CHINESE shipbuilding yards increased their stake in the capesize bulk carrier orderbook by 3% last year, effectively downsizing the volume of contracts in South Korea and Japan.
“Today, China’s shipyards are building 50% of all capesizes on order by deadweight, equivalent to 530 ships and a 3% increase in market share since last February,” French broker Barry Rogliano Salles (BRS) said in its latest weekly report.
“By...
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