Chinese shipyards still Number one

For the second year running, Chinese shipyards clinched a greater volume of vessel orders than close rival South Korea.

Mitsubishi Heavy Industries has announced consolidated results for the first nine months of FY2010 (April 1 to December 31, 2010), reporting net sales of JPY2087.7 billion (US$25.6 billion), up 4.4 percent from the equivalent period in 2009.

Jude    Maritime News, News     Chinese builders, Chinese shipyards, Clarkson Research Services, maritime business, Maritime News, maritime updates, maritime world, Mitsubishi Heavy Industries, world of shipbuilding

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