Heavy seas for shipyards amid economy woes
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Heavy seas for shipyards amid economy woes

Taizhou : China | Feb 06, 2012 at 4:25 AM PST
Source: China News
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The approach of spring hasn't brought good tidings for Chinese shipyards, which continue to struggle as a sluggish world economy, a glut of vessels and surging fuel prices hurt shipping demand. Some small Chinese shipyards, short of new orders, are on the brink of bankruptcy. "We haven't received... FULL ARTICLE AT China News
 
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