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Home›News›Overcapacity looms for shipbuilders
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July 5, 2007 · about 19 years ago

Overcapacity looms for shipbuilders

Signs are emerging of the plethoric capacity of China’s shipbuilding sector amid booming global demand for new vessels. Shipbuilding capacity in the country will exceed 40 million deadweight tons a year in 2010 if new shipyards planned by investors are completed, according to data from China Associa

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Signs are emerging of the plethoric capacity of China’s shipbuilding sector amid booming global demand for new vessels.

Shipbuilding capacity in the country will exceed 40 million deadweight tons a year in 2010 if new shipyards planned by investors are completed, according to data from China Association of National Shipbuilding Industry.

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