![Featured Collection: Shipyards of Shanghai [HD PHOTOS]](https://gcaptain.com/wp-content/uploads/2013/12/tag-reuters-12.jpg)
A ship is seen on the Huangpu River in Shanghai October 14, 2013. REUTERS/Carlos Barria
China laid out a detailed three-year plan in early August to restructure its massive shipbuilding industry, urging local governments to halt approvals of new projects and companies to build high-tech vessels. While state-owned and better quality private shipyards now have enough construction orders to keep busy into 2015 or 2016, the future looks grim for the rest, many of whom have already run out of work.
SEE ALSO: China’s State Council Issues Plan to Boost Shipbuilding Sector
© 2013 Thomson Reuters. All rights reserved.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,917 members that receive our newsletter.
Have a news tip? Let us know.
The United States Trade Representative (USTR) has announced the launch of an investigation into alleged unfair trade practices by China in the shipbuilding, maritime, and logistics sectors. The probe was...
Virginia-based energy company Dominion Energy has announced the launch of the first U.S.-built and Jones Act-compliant offshore wind turbine installation vessel, the Charybdis. A 472-foot vessel is being built at the...
Emerging U.S. offshore wind contractor, Kalypso Offshore Energy, has signed a Letter of Intent (LOI) with maritime technology leader, Royal IHC, to construct the first Jones Act-compliant Cable Lay Vessel...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 105,917 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
