Shipbuilding slows on jitters about world economy and IMO red tape
China's top privately owned shipbuilder, Yangzijiang Shipbuilding, noted a 50% decline in global shipbuilding orders. The yard group saw its first-half revenue shrink on fewer newbuild deliveries
Yangzijiang, which posted lower revenue on fewer newbuild deliveries for the first half to June, is diversifying it business by acquiring a majority stake in an Odfjell-owned LNG terminal
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