Dalian ship exports expanding

AI Summary

Ship exports from Dalian, China, reached 49.38 billion yuan in the first three quarters, up 177% year on year, as foreign shipowners place more orders with local yards. Hengli Heavy Industry’s order book reportedly extends through 2030, supporting the region’s shipbuilding expansion.

Foreign shipowners are increasingly placing new ship orders with shipyards in Dalian, Liaoning province, driving the city’s ship exports to 49.38 billion yuan ($7.4 billion) in the first three quarters, up 177 percent year-on-year, Dalian Customs said. Leading local yard Hengli Heavy Industry’s new ship order book extends through 2030. On Dalian Changxing Island, two ...