Chinese shipbuilding has price advantage

China's shipbuilders have a price advantage at present compared with rivals in Korea and Japan, since heavy steel plates in China are 18% cheaper than those in Japan and 19% cheaper than Korea. The purchasing of ship plate takes up some 20% of shipbuilding cost, thus helping China's shipbuilders lower ...

Continue this article…

Already subscribed? SIGN IN now

V2-MS

Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!