Strong demand for LNG carriers and dual-fuel vessels has helped China’s shipyards to climb the construction value chain — moving up from building simple bulk carriers and tankers to high-tech vessels.
The country is set to receive more than 50 LNG carrier orders by the end of this year. These include about 30 ships at Shanghai-based Hudong-Zhonghua Shipbuilding (Group) — a stark increase on the total there last year of six newbuildings.
