Chinese NB orders surge by 35%

2014-09-19

New order performance of China’s major shipbuilders turned out to have kept grown during the first eight months of the year.

According to statistical data of the Ministry of Industry and Information Technology (MIIT) of China, in this year to August, Chinese yards won new orders of 47.4m dwt vessels, up by 35.8% year-on-year and delivered 22.08m dwt of newbuildings, down by 18.1% year-on-year.

As of the end of August, Chinese yards were seen to be standing on 153.7m dwt orderbook, up by 34.1% from the corresponding period of last year and up by 17.3% as of the end of 2013.

Source from : asiasis

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