Tag: China new ship orders
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China’s new ship orders plunge 42% y-o-y in Q1 CY’22
In the first quarter of 2022, Chinese shipbuilders received new vessel orders totaling 9.93 million deadweight tons (DWT), down by a hefty 42.3% on year, according to the latest data from the China Association of the National Shipbuilding Industry (CANSI), released on its official WeChat account on April 19. The decline was also steeper than…