Tag: China: New shipbuilding orders down 45% y-o-y in Jan-Apr’22

China’s new ship orders decreased by 44.8%, y-o-y, to 15.39 million deadweight tonnes (dwt) in January-April 2022 period. The completed orders stood at 11.71 million dwt, down 8.6% y-o-y, according to data released by China Shipbuilding Industry Association. Towards the end of April 2022, total ship orders in hand rose by 21.7% y-o-y to 102.47…