Yangzijiang Shipbuilding king pin Ren Yuanlin has slammed Asian governments for supporting struggling shipbuilders and revealed his own yard will work with European partners to break into the LNG market.

Ren told the Straits Times the competitive dynamic of the sector needed to change following actions by major nations to prop up yards.

"China needs to withdraw protection and support for state-owned enterprises in the sector,” he told the newspaper.

“The