Chinese shipbuilders have won more business so far this year than in the whole of last year, but just four per cent of the country’s more than 1,600 yards have scored new contracts. Photo: Reuters Chinese shipbuilders have won more business so far this year than in the whole of last year, but just four per cent of the country’s more than 1,600 yards have scored new contracts. Photo: Reuters
Chinese shipbuilders have won more business so far this year than in the whole of last year, but just four per cent of the country’s more than 1,600 yards have scored new contracts. Photo: Reuters

Orders climb at China’s shipyards, but some shipyards are leaking red ink

Chinese shipbuilders have won more business so far this year than in the whole of last year, but just four per cent of the country’s more than 1,600 yards have scored new contracts. Photo: Reuters Chinese shipbuilders have won more business so far this year than in the whole of last year, but just four per cent of the country’s more than 1,600 yards have scored new contracts. Photo: Reuters
Chinese shipbuilders have won more business so far this year than in the whole of last year, but just four per cent of the country’s more than 1,600 yards have scored new contracts. Photo: Reuters
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