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China’s Jan-Sept new ship orders soar 223% on year

ABSTRACT

Chinese shipbuilders received 54.2 million deadweight tons (dwt) of new vessel orders over January-September, higher by a massive 223.3% on year, according to a new release from the China Association of the National Shipbuilding Industry (CANSI) on October 15.
During this year’s first nine months, the Chinese shipbuilders maintained high growth in new vessel orders amid the continuing surge in global shipping demand now driving the strong recovery in the global shipbuilding industry, Mysteel Global noted. In line with the leap in new vessel orders, China’s shipbuilders saw their order

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