Yard Talk | Tie a knot and hold on
When a Japanese shipbuilder starts to call for state support, you know how dreadful the market has become. And its rivals in South Korea and China are not scratching their heads any less either
While the South Korean majors are being vexed by weaker prospects of liquefied natural gas carrier newbuildings, China’s largest shipbuilding group is facing the risk of potential US sanctions and the escalating tension between the two countries can only deepen the malaise