Shipbuilders positioned to satisfy rising demand for surveillance vessels
By He Wei in Shanghai | China Daily | Updated: 2012-09-18 07:57
Orders by maritime agencies offer beacon of light for struggling sector
The demand for surveillance ships in China has picked up significantly in recent months, as the country aims to equip one of its major maritime law enforcement bodies with more vessels.
As the global shipbuilding industry endures one of its toughest spells in years, at least eight new orders for maritime surveillance ships have been secured by Wuchang Shipbuilding Industry Co Ltd, a subsidiary of China Shipbuilding Industry Corp, China Securities Journal reported on Monday.
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