Big shipowners take wind out of US sails, continue to order vessels from China

Source: China – South China Morning PostWhile a US port fee targeting ships linked to China has made some vessel buyers hesitant, major shipping companies – including Mediterranean Shipping Company (MSC), the world’s largest – are opting to continue working with Chinese shipyards, saying their competitiveness cannot be easily matched in the short term.
Despite the United States’ determination to challenge China’s dominance in global shipbuilding, MSC senior vice-president Marie-Caroline Laurent told the Nor-Shipping Forum in Oslo this…Read More

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