Chinese Shipyard Closes Due To Poor Profit Margins Despite Shipbuilding Surge

Tianjin Xingang Ship Heavy Industry, one of China’s intermediate shipbuilders, stated that it will cease operations by the end of October 2021. The company’s dissolution comes despite a recent surge in shipbuilding orders and China’s overall dominance …

Original post at FleetMon.com, 2021-10-19 08:47:34 … Read here