China has overtaken South Korea in terms of ship deliveries, deadweight and gross tonnage.
According to Clarksons, Chinese shipyards delivered 22.7 million dead weight tonnes in the first six months of the year compared to South Korea’s 18.3 million.
The figure places China nearly five years ahead of the government’s plan to surpass South Korea by 2015.
The current order book, however, indicates South Korea may overtake China again by 2011, according to lloydslist.com.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData