China’s largest shipbuilding region, Jiangsu Province appears to be standing in a life-or-death situation although it has showed a pretty stable status since the global economic crisis.
Hyundai Heavy Industries has been awarded an order for four post-panamax pure car/truck carriers (PCTC) from domestic logistic firm, Hyundai Glovis, which are slated for delivery in 2014.
STX Offshore & Shipbuilding announced on April 8, 2013 that it had signed a contract to build four 113,000-dwt Long Range 2 (LR2) product tankers for Teekay Tankers Ltd.
While the Hong Kong-listed and China’s large privately-owned Rongsheng Heavy Industries is known as having secured an order for up to eight capesize bulkers from Greek shipowner