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Shipyards forced to shut down amid Shanghai lockdown

Hudong-Zhonghua Shipbuilding, Jiangnan Shipyard and Shanghai Waigaoqiao Shipbuilding have suspended operations since the middle of March due to harsh virus control rules

The orderbook delivery schedule for Shanghai shipyards is facing severe disruption should the draconian lockdown measures extend further. Yards have allegedly already declared force majeure to owners

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