Author: Prashasti Giri
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CANSI: China’s Jan-Oct new vessel orders fall 39% YoY
Over January-October, China had maintained its top position in the world’s shipbuilding industry, though the country’s new vessel orders declined by 39.2% on year to reach 37.4 million deadweight tons (DWT), according to the new data released by China Association of the National Shipbuilding Industry (CANSI). Among the total, 90.6% of new orders were for…