“Royal IHC had two more contracts planned with Rainbow, but they stopped negotiations and have taken the business to a Polish yard,” the source said. “The Chinese yards still want dredging work but no international dredging company wants to place orders in a Chinese yard now.”
Latest Jobs
Foreign dredger owners shun China orders after export ban
A series of foreign owners and Chinese yards have got a taste of political risk in shipbuilding contracts after a ban on the export of large dredgers
7 December 2017 17:00 GMT
Updated
6 December 2017 20:48 GMT
By
in
Shanghai