China’s shipping industry has been battered by bad-news stories and prolonged woes of the main market segments but some outfits are finding ways to battle the depression, writes Bob Rust.

Struggles and failures of major shipbuilders, ongoing corporate consolidation within state-owned shipping and the steadily gathering mass of China’s lease-financed fleet are some of the broad trends in Chinese shipping in the past 12 months — all taking place against a background of the prolonged woes of the main market segments.

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