Author: Akshay Bedekar
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China’s Jan-Feb new ship orders down 17% on year
For the first two months of 2022, the new vessel orders received by Chinese shipbuilders amounted to 5.65 million deadweight tons (DWT), down by 17% on year, against the 131.8% on-year surge during whole 2021, according to the latest release from China Association of National Shipbuilding Industry (CANSI) via its official WeChat account on March…