Yard Talk | Chinese yards breathe easier
How are shipbuilders in China faring with the recent market recovery and regulators’ push for stricter environmental regulations? While the state yards are trying to climb up the value chain backed by government money, will private yards be knocked out of the competition?
The tightening shipping emission rules have created additional demand for the shipbuilding industry, including the Chinese yards, highlighted by the recent partnership between DSIC and DNV GL to develop LNG-fuelled 23,000 teu ships