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, ...
Taiwanese liner operator Evergreen Marine Corporation has asserted that its orders for 24 containerships at CSSC Huangpu Wenchong Shipbuilding were purely commercial decisions and not aimed at helping China to build up its navy.
Evergreen was responding to the US thinktank Center for Strategic and International Studies’ (CSIS), which last week suggested that contracts between Evergreen and shipbuilder Wenchong’s parent company, China State Shipbuilding, would reduce the cost of upgrading China’s navy, posing security concerns for Taiwan.
When the Chinese Communist Party ...
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