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Shipbuilding industry encount the cancellation peak this year

Posted on Apr-01-2009· by china investor

Because the spread of the financial crisis and the serious oversupply of shipping capacity of the market, the cancellation has become a big hit from this year to next year all over the world shipbuilding industry. According to the report, the cancellation tide will be a second wave, third wave this year and next year. China Shipbuilding Industry Analyst Center for Economic Research, LIANG Zhiyong said that the the majority of revocation of the new ship orders are mostly not yet entered into force, and have not yet entered a substantive stage of construction. Therefore, the short-term impact on the Shipyard is relatively limited.

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Shipbuilding industry encount the cancellation peak this year

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