Shandong yards built 41.6pc more ships at 110pc more value

EASTERN China's Shandong provincial shipbuilders exported 41.6 per cent more tonnage in the first 11 months of the year, amounting to US$1.8 billion in value, a year-on-year increase of 110 per cent, Xinhua reports.

In November, the province's ship export value set a new high by hitting $350 million, an increase of 250 per cent over the same month in 2009. During the first 11 months, more than 70 per cent were bulk carriers.
(Source:www.schednet.com)