China seizes global container ship orders as Korea focuses on LNG carriers
While Korean shipyards have filled years of backlog with high-value vessels such as liquefied natural gas (LNG) carriers, global shipping companies are funneling container ship orders to Chinese shipyards. As Chinese shipyards expand capacity on a large scale, they are meeting the delivery schedules global container lines want and monopolizing orders. Chinese shipyards are covering ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.