Chinese shipbuilding industry

tphuang said:

huge 50B RMB contract between COSCO and CSSC for 87 new ships, including 47B settled in offshore RMB, which is I guess encouragement for others to also settle in RMB

https://twitter.com/i/web/status/1998115789925224556

Click to expand...

I just sold my CSSC stock today. Told ya it will rise.

CSSC's JN shipyard has delivered/will deliver 2 99000 CBM VLEC (very large ethane carrier) by 2026/1. Uses JN's self developed BrillianceE cargo protection system which can carry ethane, ethylene and LPG.

Dalian shipyard delivered 85000t+ multi-use pulp carrier.