Subscribe to RSS feedChina shipbuilding chief predicts 100 cancellations
by
Hui Ching-hoo, Hong Kong
—
last modified
May 17, 2010 10:20 AM
EUROPE’S continued economic woes could precipitate a new flood of cancelled orders at Chinese shipyards, a top shipbuilding official in Beijing has warned.
In an interview with Lloyd’s List, China Association of the National Shipbuilding Industry president Zhang Guangqin warned that the precarious liquidity positions of some European shipowners could trigger as many as 90 cancellations between now and the end of the...
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