The signing of the deals at the Posidonia maritime exhibition reflects the challenge that Chinese shipyards pose to their South Korean and Japanese rivals for dominance in next-generation vessels amid tightening emissions rules
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Chinese shipbuilders secured orders worth more than 30 billion yuan ($4.4 billion) at the recently concluded Posidonia maritime exhibition in Greece, as their race with Japanese and South Korean rivals for dominance in next-generation new-energy vessels heats up.
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