Chinese shipbuilding industry

tphuang

tphuang

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sndef888 said:
So I think I have been living under a rock but I just found out about Hengli Shipyard today

Apparently they are a petrochemical company that bought a bankrupt South Korean yard in Dalian in 2022 and quickly accumulated a ton of orders:

They are also now planning to build the
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It seems like they really entered the market at the perfect time when everybody else is backed up
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I think I wrote about them a while back. They are huge. Largest VLCC player and makes the most marine engine now. lol. Funny how quickly that got built up.
 
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