Owners cast doubts on China yard capabilities

Tighter market puts pressure on greenfield sites

By Michelle Wiese Bockmann - Friday 1 February 2008

LEADING US dry bulk operators doubt Chinese shipyards will build the massive amount of bulk carriers on their orderbooks, and have questioned their ability to deliver vessels on time.

At a New York-based dry bulk forum on Wednesday, the chief executives of four listed dry bulk companies raised concerns over Chinese yards’ skill base, existin...

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