China’s shipyards face delivery crisis

Shipping market volatility has brought into focus just how many ships have been ordered at China’s yards, and whether all of them will be built. Michelle Wiese Bockmann investigates

Wednesday 2 April 2008

IT MAY appear be just be another outcrop of mud along the Chinese coastline, but the unassuming piece of land on Changxing Island could soon become part of China’s largest shipyard — and it is already taking orders.

Dubbed ‘virtual shipyards’, the Changxing island yard is one of hundreds of greenfield sites now under constr...

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