At a time when the US shipyards are struggling to build new ships or even fully maintain or repair the ones they hold in inventory, two of the Chinese listed shipbuilders will merge to end the competition between them and serve the People’s Liberation Army (PLA) better. Their merger will create the world’s largest shipbuilder. … Continue reading World’s Largest Shipbuilder! Chinese Firm Set To Dominate Global Shipping Industry, Eyes $17B In Annual Sales