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Home›Green Marine›Shanghai Begins Work on New Shipyard
Green Marine

June 6, 2005 · about 21 years ago

Shanghai Begins Work on New Shipyard

Construction has begun on what China says will eventually be the world’s biggest shipyard, part of the country’s plan for taking a dominant role in the industry. China’s biggest shipbuilding company began building the 8-kilometer-long (5-mile-long) facility late last week on an island in the Yangtze

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Construction has begun on what China says will eventually be the world’s biggest shipyard, part of the country’s plan for taking a dominant role in the industry.

China’s biggest shipbuilding company began building the 8-kilometer-long (5-mile-long) facility late last week on an island in the Yangtze river, north of Shanghai, state media reported.

The US$3.6 billion (euro2.9 billion) new shipyard is meant to quadruple Shanghai’s current shipbuilding capacity to 12 million tons by 2015.

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