Author: Lalita
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China: Shipbuilding orders fall sharply by 40% y-o-y in Jan-Sept’22
China’s shipbuilding orders dropped 40.1% y-o-y to 32.45 million deadweight tonnes (dwt) in Jan-Sep’22, as per China Shipbuilding Industry Association data. Completed orders were 27.8 million dwt, a decrease of 8.4% y-o-y. Orders in hand in end-Sep were 102.56 million dwt, a y-o-y increase of 11%. Completed ship export orders were 23.52 million dwt, a…