Rongsheng sets record in 2012
By ZHOU SIYU | chinadaily.com.cn | Updated: 2013-05-01 18:32
Rongsheng Heavy Industries Group, one of China’s largest shipbuilders, completed 3.9 million deadweight tons in 2012, setting a company record.
The company also said that the shipbuilding business, despite a global downturn, remains its main source of revenue.
More than one third of global shipping companies have suffered financial losses, industry data showed.
Rongsheng said, in a statement, that it expects to see a recovery in the industry in both orders and prices.
Related Stories
- China Southern announces tie-up deal with American Airlines
- Xinjiang to send over 20,000 students from ethnic minorities to study in inland cities
- Guangdong police bust telephone fraud gangs
- Chinese bothered by 'festival fatigue': survey
- China promises better financial support for manufacturing upgrade
Editor's picks
