US Boosts Shipbuilding to Challenge China; Japan’s Top Shipping Company Stops Buying Chinese Ships

US Boosts Shipbuilding to Challenge China; Japan’s Top Shipping Company Stops Buying Chinese Ships

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The United States is working to rebuild its shipbuilding industry and challenge China’s dominance in the global ship construction market. In a related move, Japanese shipping company Mitsui O.S.K. Lines has announced a temporary pause on ordering liquefied natural gas (LNG) carriers from Chinese shipyards.

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