Box ship building in China hits new heights with 68.5% of global orders
China has become the undisputed front-runner in containership building, with an orderbook, extending to 2030, ...
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Those who fear protectionism is returning to global trade, look away now. China will ban foreign flagged vessels from operating on its inland waterways – principally the mighty Yangtze (where so much original cargo is now moving to) as a way of shoring up the revenues of domestic, many of them state-owned, carriers. The law comes into effect at the beginning of next year.
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