There may be only 20 to 30 active shipyards left in China in the next few years after restructurings and consolidations, reported a domestic shipping news portal, citing Ren Yuanlin, executive chairman of the country's leading privately-run shipbuilder Yangzijiang Shipbuilding (Holdings) Ltd..
Ren said that China's relatively weak shipyards including state-owned ones will be merged by stronger ones in the future, which is determined by the market force and welcomed by the Chinese government.
Yangzijiang Shipbuilding will seek opportunities for mergers and acquisitions, Ren added.
Insider: 20-30 Shipyards Left in China in Future
2015-03-12
4535人
Source：Eshiptrading.com
Most ViewsHOT
- COSCO unveils $1.75bn shipbuilding spree for 29 new vessels
- Capital Maritime adds capesize brace to expanding Chinese orderbook
- New Pure Car and Truck Carrier Delivered to Grimaldi Group by Chinese Shipbuilder
- Monaco owner Transocean breaks into boxships with newbuilds in China
- Efnav returns to newbuilds with six kamsarmaxes at China’s Hengli
- Huarong Leasing lines up newcastlemax newbuild brace
- Bruton firms up VLCC order at New Times Shipbuilding
- Oceanbulk linked to boxships comeback
- Sammok and Shanghai Changjiang order bulkers at Nantong Xiangyu
- Alberta Shipmanagement makes boxship debut with Chinese newbuild order
