China Shipping Risks Running Aground

choi

Colum Murphy, Formerly Full Steam, China Shipping Risks Running Aground. China Real Time, Sept 20, 2012
http://blogs.wsj.com/chinarealti ... ks-running-aground/
("China recently knocked off Germany as owner of the world’s third-largest shipping fleet in terms of capacity, after Japan and Greece. It’s been a rapid rise. China now has about 10% of global capacity, up from 6.3% in 2006. China also has the largest shipyard capacity in the world * * * China’s choices have contributed to red ink at its shipping companies")