Jiangsu shipyards exports grew 52.6pc in first half

EAST China's Jiangsu provincial shipyards posted a 52.6 per cent increase in foreign ship purchase value to US$6.48 billion, reports Xinhua.

Provincial ship exports grew 14 per cent year on year in June to $1.01 billion, down 30 per cent from the record high in May.

Its main markets were the EU, Latin America, Hong Kong and Africa in the first half year. Ship sales to the EU grew nine per cent to $1.99 billion, accounting for 30.7 per cent, while those to Latin America increased 6.8 times over last year. The Hong Kong market was up 71.2 per cent to $1.06 billion and Africa increase 1.7 fold year on year to $780 million.
(Source:www.schednet.com)