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|  | | China's Shipbuilding Industry Shows Signs of Recovery |
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¡¡¡¡According to statistics by Clarkson Research, the new ship orders in the first three weeks of this August was merely 552 thousand DWT, while the data rose up in the last week. By Aug 26, the new ship orders globally reached 6.13 million DWT, hit new record for this year.
¡¡¡¡Chinese shipbuilders were stood at 71% share of the world's total, while Korea, the largest shipbuilding country, only took a share of 26%. Shanghai Waigaoqiao Shipbuilding Co., Ltd, a subsidiary of China Shipbuilding Corporation, secured its first order of six tankers in this year, totaling 192 million DWT.
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