INTERNATIONAL BRANDS GRAB STRONG MARKET SHARES IN ROBUST CHINESE SHIPBUILDING SECTOR
April 1st, 2011
BY MARK GODFREY
WHEN for quality industrial coatings is strong, international brands would do well to watch for new lines of business - and China's booming ship-building sector is a case in point. China has achieved a long-held ambition in shading South Korea to the title of world's top shipbuilding nation: according to the China Shipbuilding Industry Association Chinese yards rolled 51 million deadweight tonnes (dwt) of new ships in the first 10 months of 2010, while new orders for the period (54.6 dwt) were double the total for the same period in 2009. ...
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