Stuart Nicoll, director at MSI, said that the growth of China’s shipbuilding capacity is expected to be balanced by capacity reductions in Japan and other regions. “The issue will be where to cut. Japan is likely to be the primary focus, but the biggest concerns must be within South Korea. Builders there seem to be under pressure as never before.” Read more at TradeWinds.
Is growth in Chinese yards leading to a glut in global shipbuilding capacity?
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