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Yangzijiang and Mitsui E&S sign agreement to build LNG vessels

The Chinese and Japanese builders will establish a joint venture yard to combine each other’s strengths in cost, capacity and technologies to help tap into a business that is dominated by state-backed shipyards in South Korea and China

The partnership will enhance Yangzijiang’s competitiveness and preserve the dominant position for Chinese shipbuilders in the ongoing consolidation of the global shipbuilding industry, says executive chairman Ren Yuanlin

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